Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
SOCAR, or the State Oil Company of Azerbaijan Republic, is a prominent player in the chemicals nec industry, headquartered in Baku, Azerbaijan (AZ). Founded in 1992, SOCAR has established itself as a key contributor to the region's economy, with significant operations across Europe and Asia.
The company focuses on a diverse range of chemical products, including petrochemicals and polymers, which are distinguished by their high quality and innovative applications. SOCAR's commitment to sustainability and technological advancement has positioned it as a leader in the market, achieving notable milestones in production capacity and environmental initiatives.
With a robust portfolio and a strategic vision, SOCAR continues to enhance its market presence, driving growth and development in the chemical sector while contributing to Azerbaijan's economic landscape.
5
DitchCarbon score
-27 vs industry average
SOCAR’s score of 5 is lower than 11% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at SOCAR?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
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.
SOCAR's reported carbon emissions
SOCAR, a Chemicals nec company headquartered in AZ, reported its Scope 1 emissions for 2023 at approximately 7.11 billion kg CO2e and Scope 2 emissions at about 1.25 billion kg CO2e. This follows 2022 figures of approximately 6.71 billion kg CO2e for Scope 1 and 1.14 billion kg CO2e for Scope 2. In 2021, SOCAR's Scope 1 emissions were approximately 6.81 billion kg CO2e and Scope 2 emissions were about 727.4 million kg CO2e. For 2020, the company disclosed Scope 1 emissions of approximately 3.80 billion kg CO2e and Scope 2 emissions of about 518.1 million kg CO2e. Emissions data for Scope 3 has not been disclosed. SOCAR has not publicly announced any specific carbon reduction targets or commitments, such as those verified by the Science Based Targets initiative (SBTi) or participation in The Climate Pledge.
Assessing SOCAR as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for SOCAR and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
SOCAR’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for SOCAR yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
SOCAR1 month ago
5
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more