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 Gas/Diesel Oil 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 3 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SOCAR Turkey's reported carbon emissions
In 2023, SOCAR Turkey reported carbon emissions of approximately 84,744 kg CO2e, specifically from Scope 2 emissions. This marks a reduction from 112,022 kg CO2e in 2022 and 111,531 kg CO2e in 2021, indicating a positive trend in their efforts to lower carbon output. Despite these reductions, SOCAR Turkey has not disclosed any Scope 1 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The absence of documented climate pledges or reduction targets suggests that while the company is making strides in emissions reduction, there is room for more structured commitments to climate action. The emissions data is not cascaded from any parent organization, and all figures are reported directly by SOCAR Turkey Enerji A.S. As the company continues to navigate its environmental impact, further transparency and commitment to comprehensive climate strategies could enhance its sustainability profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 111,531 | 000,000 | 00,000 |
| 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 participating in any of the initiatives that 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.
