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.
Industry Average
Mean score of companies in the 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
SOCAR Turkey's score of 7 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SOCAR Turkey's reported carbon emissions
In 2023, SOCAR Turkey reported total carbon emissions of approximately 354,408,910 kg CO2e, with Scope 1 emissions accounting for about 339,082,920 kg CO2e and Scope 2 emissions contributing approximately 15,325,990 kg CO2e. This marks a slight increase in emissions compared to 2022, where total emissions were about 348,993,740 kg CO2e, with Scope 1 at approximately 333,481,610 kg CO2e and Scope 2 at around 15,512,140 kg CO2e. Over the years, SOCAR Turkey's emissions have fluctuated, with significant Scope 1 emissions recorded at about 2,061,875,000 kg CO2e in 2016, peaking at approximately 2,176,535,000 kg CO2e in 2017. The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any science-based targets as per the available data. SOCAR Turkey's emissions profile reflects the broader challenges faced by the oil and gas industry in managing carbon emissions while transitioning towards more sustainable practices. The absence of defined reduction targets indicates a potential area for improvement in their climate commitments.
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Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions 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.
