Bain & Company has announced its participation as a “Data and Knowledge Partner” at the seventh edition of the Future Investment Initiative in Riyadh, Saudi Arabia.
This year’s event will be held under the theme ‘The New Compass’ from 24 to 26 October 2023, with the aim of examining key issues and social, economic and geopolitical transformations. Bain & Company Middle East will host an important panel discussion during the event.
Akram Alami, Partner and Head of Aviation, Facilities, Sustainability and Responsibility Middle East at Bain & Company, will lead a session on the energy transition.
The “Scaling Green Technologies from Spark to Flame” program aims to overcome the uncertainty that appears on the potential capacity of the technology related to net zero emissions. The session will take place on 24 October at 12:00 pm.
In this panel discussion, Akram Alami emphasises that: “Green technologies are the future, and additional technological advances are key to enabling emissions elimination in hard-to-mitigate sectors and creating an achievable path towards net zero globally. By capitalizing on these ambitions for change, we look forward to this session discussing how leaders can summon unprecedented levels of investment, collaboration across sectors and courageous leadership to scale up these critical technologies on a global scale.”
Tom D. Wiley, Partner and Managing Director, Bain & Company, Middle East Office, highlights the importance of conducting this session right now: “Sustainability and environmental awareness have become indispensable considerations for businesses globally. They are no longer mere transients, but one of the foundations of lasting success. Embracing sustainability not only involves companies being responsible, but also fosters more agile businesses that are ready to grow.”
Ahmed Bouchnak, Partner and Head of Bain & Company in Riyadh, said: “Recognizing the importance of economic diversification, Saudi Arabia’s Vision 2030 has led many initiatives in recent years. These initiatives not only address economic diversification, but also include bold sustainability goals.”
The seventh edition of the Future Investment Initiative will feature discussions on sustainability, artificial intelligence, green technologies and more. The event also aims to mobilise global efforts to adopt a collective vision to drive positive change for the benefit of our future.