Saudi Petrochemical Company Sustainability Profile
Saudi Petrochemical Company, commonly known as SABIC, is a leading player in the global petrochemical industry, headquartered in Riyadh, Saudi Arabia. Founded in 1976, SABIC has established itself as a key manufacturer of chemicals, plastics, and fertilisers, serving diverse markets across the Middle East, Asia, Europe, and the Americas. With a commitment to innovation and sustainability, SABIC produces a wide range of core products, including polyethylene, polypropylene, and methanol, which are integral to various industries. The company is renowned for its advanced technologies and efficient production processes, setting it apart in a competitive landscape. SABIC's market position is bolstered by its significant achievements, including being one of the largest petrochemical companies globally, consistently ranking among the top in terms of production capacity and revenue.
DitchCarbon Score
How does Saudi Petrochemical Company'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.
Industry Average
Mean score of companies in the Chemicals 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.
Industry Benchmark
Saudi Petrochemical Company's score of 28 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, the Saudi Petrochemical Company does not report specific carbon emissions figures, as there is no emissions data provided. The company is a current subsidiary of Saudi Basic Industries Corporation (SABIC), which may influence its climate commitments and emissions reporting. Saudi Petrochemical Company is part of a broader corporate family that includes SABIC, which has established various climate initiatives. However, specific reduction targets or achievements for Saudi Petrochemical Company itself are not detailed. The company does not currently have any documented reduction targets or climate pledges. Given the lack of direct emissions data, it is important to note that the company's climate commitments may be aligned with those of its parent company, SABIC, which is known for its sustainability efforts in the petrochemical industry. The absence of specific emissions figures and reduction initiatives indicates a potential area for improvement in transparency and accountability regarding climate impact. In summary, while Saudi Petrochemical Company is part of a larger corporate structure with potential climate initiatives, it currently lacks specific emissions data and defined reduction targets.
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| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 39,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | - | - | - | - | - |
| Scope 2 | 19,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Saudi Petrochemical Company's Industry?
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Saudi Petrochemical Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Saudi Petrochemical Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
