Public Profile

SOCAR Turkey

SOCAR Turkey, officially known as the State Oil Company of Azerbaijan Republic Turkey, is a prominent player in the energy sector, headquartered in Turkey. Established in 2007, the company has rapidly expanded its operations across key regions, including the Aegean and Marmara areas, focusing on oil and gas exploration, production, and distribution. With a commitment to innovation, SOCAR Turkey offers a diverse range of services, including refining, petrochemicals, and natural gas distribution. Its flagship project, the STAR Refinery, stands out as one of the largest investments in Turkey's energy landscape, enhancing the country's self-sufficiency in fuel production. Recognised for its strategic contributions to the Turkish economy, SOCAR Turkey continues to solidify its market position, driving sustainable growth and energy security in the region.

DitchCarbon Score

How does SOCAR Turkey's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

22

Industry Average

Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

11

Industry Benchmark

SOCAR Turkey's score of 22 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

SOCAR Turkey's reported carbon emissions

In 2023, SOCAR Turkey reported total carbon emissions of approximately 354,408,910 kg CO2e, comprising 390,970 kg CO2e from Scope 1, 359,080 kg CO2e from Scope 2, and a significant 4,663,505,970 kg CO2e from Scope 3 emissions. This marks a slight increase from 2022, where total emissions were about 348,993,740 kg CO2e, with Scope 1 emissions at 404,970 kg CO2e, Scope 2 at 523,220 kg CO2e, and Scope 3 at 4,678,124,630 kg CO2e. Over the years, SOCAR Turkey has shown fluctuations in its emissions, with the highest Scope 1 emissions recorded in 2017 at approximately 2,176,535,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, indicating a potential area for improvement in its climate commitments. Overall, SOCAR Turkey's emissions profile highlights the significant impact of Scope 3 emissions, which represent the majority of their carbon footprint, suggesting a need for comprehensive strategies to address emissions across the entire value chain.

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Add to project
20162017201820192020202120222023
Scope 1
2,061,875,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000
000,000
000,000
Scope 2
-
-
000,000,000
000,000,000
00,000,000
000,000
000,000
000,000
Scope 3
-
-
-
-
-
0,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SOCAR Turkey's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. SOCAR Turkey is headquartered in TR, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

SOCAR Turkey is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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