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Vision 2030: GBAC Board Study—Saudi MSCI Top‑10 Lead in ESG, AI, Independence

Published on May 10, 2025 by Yusuf Azizullah

A new GBAC and BoardroomEducation.com study finds Saudi Arabia’s top company boards now lead the GCC in governance, aligning with global standards in ESG, AI, and independence. Covering the MSCI Saudi Top 10, the report shows Saudi boards have the region’s highest independence (43.8%), 100% ESG reporting, and unique AI oversight committees. Female board representation (10.4%) was achieved without quotas, and CEO-chair separation stands at 100%. These shifts signal strong investor alignment and readiness for global capital inflows. GBAC will host an exclusive governance summit in Dubai on May 28 to explore next steps in board reform and Vision 2030 alignment.