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SINAI and VCM Announce Strategic Partnership

SINAI and the Regional Voluntary Carbon Market Company have announced a strategic partnership to launch Saudi Arabia’s first AI-enabled enterprise decarbonization platform, supporting emissions accounting, climate transition planning, and ESG compliance aligned with national and global standards.

Published
February 3, 2026
Last Updated
August 25, 2026
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Published
August 25, 2026

We’re excited to announce our partnership with the Regional Voluntary Carbon Market Company (VCM), established by the Public Investment Fund and the Saudi Tadawul Group, to deliver Saudi Arabia’s first AI-enabled enterprise platform for decarbonization and ESG management.

At SINAI, our mission is to provide audit-grade emissions data, finance-ready climate transition modeling, and enterprise-scale carbon accounting tools that help organizations manage complex value chains and regulatory environments. Our platform keeps companies audit-ready and uncovers financially viable pathways to decarbonize.

Through this partnership with VCM, we are bringing SINAI’s integrated emissions management and climate planning capabilities to the Kingdom of Saudi Arabia. The solution equips organizations with the intelligence needed to assess emissions, build transition plans, evaluate climate risks, and deliver high-quality sustainability reporting aligned with national and global expectations.

Saif Almansour (VCM), Erik Ringvold (VCM), Jess Waldeck (SINAI), Graeme Byrd (SINAI)

SINAI delivers the core carbon intelligence engine across Scope 1–3 automation, scenario modeling, and financial impact analysis. VCM brings market leadership and advisory strength to help enterprises operationalize decarbonization in alignment with Saudi Arabia’s net-zero target for 2060.

Fadi Saadeh, Acting Chief Executive Officer and Head of Technology of VCM:

“Saudi Arabia has set clear and ambitious climate objectives. Through this partnership with SINAI, we are equipping companies in Saudi Arabia with a practical and reliable tool to support their decarbonization efforts. This platform is another addition to our advisory services and reflects our commitment to helping businesses move from planning to implementation toward a low-carbon economy."

Jess Waldeck, CEO of SINAI:

“We are pleased to partner with VCM to bring SINAI’s carbon management platform to Saudi Arabia. This partnership is a key milestone in our global growth strategy as we expand across the broader Middle East. It also enables companies to make informed, data-driven decisions and advanced climate strategies aligned with company targets and the Kingdom’s sustainability goals.”

With SINAI & VCM's partnership, companies can now:

  • Calculate accurate Scope 1–3 inventories and reporting
  • Build scenario-based transition plans aligned with national goals
  • Assess financial and operational climate risks
  • Engage suppliers using AI and LCA-enabled data tools
  • Operate on secure, KSA-hosted digital infrastructure
  • Strengthen ESG transparency and meet investor expectations

This collaboration reinforces our joint commitment to accelerating decarbonization outcomes in Saudi Arabia and enabling enterprises to move decisively from planning to execution.

🔗 About SINAI Technologies

SINAI is the AI-powered Carbon Management & ESG Compliance Platform that empowers organizations to measure, disclose, manage, and mitigate carbon emissions with confidence. Designed for sustainability, finance, and operations teams, SINAI provides a data-driven approach to decarbonization, enabling businesses to align with climate goals, comply with regulations, and unlock long-term value.
🌐 sinai.com | LinkedIn

🔗 About VCM

VCM was established by Public Investment Fund (PIF) and Saudi Tadawul Group Holding Company (Saudi Tadawul Group) in October 2022. PIF holds an 80% stake and Tadawul Group holds a 20% stake in the company. VCM is aiming to create a credible voluntary carbon market at speed and at scale with global impact. The market prioritizes high quality carbon credits and positive climate action. The company is creating an ecosystem that includes an investment fund for climate mitigation projects, an exchange for the trading of voluntary carbon credits and advisory services that help organizations understand how to decarbonize.

🌐 vcm.sa | LinkedIn

FAQs

Which frameworks does your ESG reporting software support?

SINAI Report supports enterprise ESG reporting across major voluntary and regulatory requirements. It helps teams manage sustainability disclosures in a single, controlled system, with AI-assisted completion, workflows, version history, audit logs, and enhanced data traceability.

How does SINAI Reduce help prioritize emissions-reduction projects?

SINAI Reduce helps enterprises compare emissions-reduction projects based on carbon impact, financial value, and implementation feasibility. Teams can assess which projects are expected to reduce emissions fastest, which may improve investment efficiency, and how each option supports a broader decarbonization strategy or climate transition plan.

What is supplier engagement software for Scope 3?

Supplier engagement software helps companies collect better supplier data, prioritize outreach, and improve Scope 3 accounting. SINAI Engage combines supplier analytics, engagement workflows, and AI-assisted data collection, giving teams a more scalable scope 3 software solution for working with the suppliers that matter most.

What makes measurement audit-grade in SINAI?

SINAI Measure helps teams create traceable, assurance-ready emissions inventories by centralizing data, methodologies, calculations, and audit records in one platform. Instead of relying on disconnected spreadsheets, teams can manage Scope 1, Scope 2, and Scope 3 carbon accounting with clearer evidence trails, stronger controls, and more defensible outputs.

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