Saras, officially known as Saras S.p.A., is a prominent player in the energy sector, headquartered in Italy. Established in 1962, the company has evolved into a leading integrated energy operator, with significant operations across Europe and the Mediterranean region. Saras is renowned for its advanced refining processes and innovative energy solutions, focusing on sustainability and efficiency. The company’s core offerings include refining crude oil into high-quality petroleum products and providing energy services that cater to diverse market needs. Saras stands out for its commitment to environmental responsibility and technological innovation, positioning itself as a forward-thinking leader in the industry. With a strong market presence and a reputation for excellence, Saras continues to achieve notable milestones, reinforcing its status as a key player in the global energy landscape.
How does Saras'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.
Mean score of companies in the Other Services 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.
Saras's score of 24 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Saras reported total carbon emissions of approximately 56,034,370 kg CO2e from Scope 1 and 40,740,357,000 kg CO2e from Scope 3. The Scope 2 emissions were approximately 452,140,000 kg CO2e (market-based). Over the years, Saras has shown a trend in emissions, with Scope 1 emissions decreasing from about 5,778,344,000 kg CO2e in 2020 to 5,603,437,000 kg CO2e in 2023. In 2021, the company recorded total emissions of approximately 39,583,005,000 kg CO2e for Scope 3, which included significant contributions from the use of sold products (approximately 35,156,114,000 kg CO2e) and purchased goods and services (approximately 3,985,311,000 kg CO2e). Despite these figures, Saras has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. Overall, while Saras has made some progress in reducing its Scope 1 emissions, the substantial Scope 3 emissions highlight the importance of comprehensive strategies to address its overall carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 5,772,344,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 517,421,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Saras 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.