Tanmiah Food Company (“Tanmiah” or the “Company”, 2281 on the Saudi Exchange), one of the Middle East’s leading providers of fresh poultry, processed proteins, animal feed, health products, and restaurants operator, today announced a further upgrade in its MSCI ESG Ratings, achieving a “BBB” rating in 2025. This marks the Company’s third consecutive year of progress—rising from a “B” in 2023 to “BB” in 2024, and now to “BBB” in 2025—within the Food Products Industry ESG Rating model.
This continued upward trajectory reflects Tanmiah’s strategic focus on advancing sustainability and governance practices across its value chain. Effective May 15, 2025, the latest upgrade positions Tanmiah among a select group of global food companies recognized for their commitment to environmental stewardship, social responsibility, and ethical business conduct.
Key highlights from Tanmiah’s upgraded MSCI ESG Rating include:
Environmental Responsibility in Focus
Operating in a sector with inherent environmental challenges, such as water stress and carbon intensity, Tanmiah is actively addressing environmental risks through targeted resource efficiency programs. Guided by its Environment Management System (EMS), the Company is enhancing waste management, improving emissions monitoring, and embedding resource efficiency across its operations. Flagship initiatives such as our One Million Tree Initiative, which utilizes wastewater for irrigation, underscore Tanmiah’s role in contributing to the Saudi Green Initiative. Complementing this, the Company has deployed 100% electric, zero-emission trucks, adopted solar energy in partnership with Emerge, and advanced sustainable farming through IoT-driven automation, organic fertilizers from waste, and circular agriculture practices. These measures not only mitigate environmental risks but position Tanmiah as a frontrunner in sustainable agri-food production, in full alignment with Saudi Vision 2030’s environmental pillars.
Strengthening Governance for Long-Term Value
Tanmiah was recognized for its enhanced corporate governance practices, most notably through the establishment of a majority-independent board, strengthening strategic oversight and reinforcing the protection of shareholder interests. In a landmark achievement, Tanmiah’s board now features the highest female representation (40% of the board) among all companies listed on the Saudi Exchange – setting a new national benchmark for board diversity and inclusion. This surpasses MSCI’s leading recommendation of 30% female representation. Further affirming its commitment to transparency, Tanmiah issued the poultry sector’s first externally assured sustainability report in the Kingdom, verified by a Big Four audit firm. Tanmiah will strive to maintain this level of rigor by continually producing independently validated ESG disclosures, fostering enduring trust with stakeholders and exemplifying best-in-class accountability in the region.
Leadership in Social Responsibility
Tanmiah is currently among the highest-rated companies in food quality, standing on par with global industry leaders according to MSCI assessment criteria. This distinction reflects the exceptional standards of both its animal feed and finished products. The Company earned positive recognition for its focus on product safety and quality. With improved quality management systems that exceed industry standards and the attainment of ISO 45001 certification at major facilities, Tanmiah continues to prioritize the health and safety of both consumers and colleagues. The Company was also recognized for its innovative product offerings, such as the “Taste Secret” range, curated to meet the nutritional needs and portion preferences of different households.
Hawazen Nazieh Nassief, Board Member and Chairperson of the ESG Committee, commented:
Tanmiah’s improved sustainability performance is the result of a successful integration of sustainability into the Company’s strategy and a strong cross-functional collaboration over the years. Not only does this enhance our resilience and competitiveness, but it also strengthens Tanmiah’s alignment with Saudi Arabia’s Vision 2030.
Zulfiqar Hamadani, CEO of Tanmiah Group, added:
“This rating upgrade reflects our unwavering commitment to responsible growth, transparency, and sustainability. It is also a testament to the active role of our Board of Directors and the continued trust and engagement of our shareholders, whose governance oversight and strategic support have been instrumental in driving the improvements recognized by MSCI.
Our progress is further enabled by innovation across our value chain, which supports more efficient, ethical, and forward-looking operations. Together, we are setting higher standards across the industry while delivering long-term value for all stakeholders.”
Tanmiah’s continuous progression in ESG ratings throughout the past three years signals its position as a forward-thinking, ESG-conscious organization, continuously raising the bar across all facets of its operations. This rating upgrade reflects Tanmiah’s active contribution to Saudi Arabia’s Vision 2030 and its net-zero ambition by 2060, through ongoing efforts to reduce environmental impact and advance sustainable agriculture.
