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''Tanmiah'' Embarks on One Million Tree Initiative

''Tanmiah'' Embarks on One Million Tree Initiative
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''Tanmiah'' Embarks on One Million Tree Initiative

''Tanmiah'' Embarks on One Million Tree Initiative

In line with the Kingdom’s Vision 2030 in achieving self-sufficiency and responsible sustainable production, ''Tanmiah'' Saudi Food Company, listed in Saudi Stocks Market, sought to be proactive in aligning its strategy with the goals of the Kingdom’s vision.

Accordingly, the One Million Tree Initiative was launched in Shaqra Governorate in March 2019 and nearly 200,000 trees have already been planted in the first phase, in line with the company’s goal to plant one million trees by 2025.

The impact will include the elimination of 1.2B KGs of Carbon dioxide (CO2); 10B liters of waste water and 1B KGs of solid waste recycled.

In the second phase, the company seeks tree plantation and enhancing the quality of life in the region. To achieve this goal, treated water from poultry waste and treated bio-organic manure will be used to plant and irrigate trees.

This comes as part of the company's objective to create an innovative and a sustainable circular approach to achieve zero-net emissions, which the Kingdom and other countries strive for.

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Britain Vows to Toughen Its Trade Defenses Under New Strategy

Shadow Secretary of State for Work and Pensions Jonathan Reynolds speaks during Britain's Labour Party annual conference, in Brighton, Britain, September 27, 2021. (Reuters)
Shadow Secretary of State for Work and Pensions Jonathan Reynolds speaks during Britain's Labour Party annual conference, in Brighton, Britain, September 27, 2021. (Reuters)
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Britain Vows to Toughen Its Trade Defenses Under New Strategy

Shadow Secretary of State for Work and Pensions Jonathan Reynolds speaks during Britain's Labour Party annual conference, in Brighton, Britain, September 27, 2021. (Reuters)
Shadow Secretary of State for Work and Pensions Jonathan Reynolds speaks during Britain's Labour Party annual conference, in Brighton, Britain, September 27, 2021. (Reuters)

Britain said it would toughen up its trade defenses to better protect industries amid a turbulent global outlook of trade wars and tariffs that has shaped its new trade strategy to be published on Thursday.

Britain is set to partially implement a deal to remove some of US President Donald Trump's tariffs, but acknowledged that its trade remedies system needed to be more "agile, assertive, and accountable to guard British businesses against global turbulence".

"The UK is an open trading nation, but we must reconcile this with a new geopolitical reality and work in our own national interest," Business and Trade Secretary Jonathan Reynolds said.

"Our trade strategy will sharpen our trade defense so we can ensure British businesses are protected from harm."

As part of the strategy, the government will reform the Trade Remedies Authority.

UK Steel has said that the TRA's current powers, under which it proposed to cap how much of certain kinds of steel could be imported, needed to be more robust, and welcomed the trade strategy as a "critical turning point".

Britain is aiming to remove US tariffs on steel imports under their agreement, although the implementation of the deal has not been finalized.

The government has stepped in to take control of British Steel, and other industries are also seeking support, with AB Foods extending its deadline for deciding the fate of its Vivergo bioethanol plant to Thursday in the hope of a support package.

The trade strategy is Britain's first since it has had an independent trade policy after leaving the European Union.

The previous Conservative government hailed the opportunities of Brexit as it pursued several free trade agreements.

While the Labor government, which came to power a year ago, has concluded free trade agreement talks with India and is making progress on another with the Gulf Cooperation Council, it said the new strategy would focus on quicker and more practical deals than the previous government did.