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Savola Group Company
Edible Oils and FatsSaudi ArabiaTADAWUL: 2050
Last verified 26 days agosavola.com
Savola Group Company, a leading player in the edible oils and fats industry, is headquartered in Saudi Arabia (SA) and operates extensively across the Middle East and North Africa. Founded in 1979, Savola has established itself as a pioneer in the production and distribution of high-quality edible oils, fats, and food products, achieving significant milestones in innovation and sustainability.
The company’s core offerings include a diverse range of cooking oils, margarine, and other fat-based products, distinguished by their commitment to quality and health. Savola's market position is reinforced by its strong brand presence and a reputation for excellence, making it a trusted choice for consumers and businesses alike. With a focus on sustainable practices and community engagement, Savola Group continues to lead the way in the edible oils sector.
10
DitchCarbon score
-4 vs industry average
Savola Group Company’s score of 10 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Edible Oils and Fats is among the most carbon-intensive industries
Industry performance
0.504
20182025
The Edible Oils and Fats industry has reduced its overall emissions by 9% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Savola Group Company's reported carbon emissions
Savola Group Company, a Saudi Arabia-headquartered oils/fats edible company, reported its Scope 1 and Scope 2 emissions for 2023 at approximately 736.56 million kg CO2e. This figure represents a decrease from 752.62 million kg CO2e in 2022 and 797.25 million kg CO2e in 2021. In 2020, their Scope 1 and Scope 2 emissions were approximately 775.83 million kg CO2e.
Savola Foods Company, a part of Savola Group Company, is in the process of committing to the Science Based Targets Initiative (SBTi) to achieve a 30% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using a 2019 base year. Savola Group is currently listed as "Committed" to the SBTi for near-term targets.
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Savola Group Company’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Savola Group Company26 days ago
10
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Frequently asked questions
Common questions about Savola Group Company’s sustainability data and climate commitments
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