Saras, officially known as Saras S.p.A., is a prominent player in the energy sector, headquartered in Italy. Established in 1962, the company has evolved into a leading integrated energy operator, with significant operations across Europe and the Mediterranean region. Saras is renowned for its advanced refining processes and innovative energy solutions, focusing on sustainability and efficiency.
The company’s core offerings include refining crude oil into high-quality petroleum products and providing energy services that cater to diverse market needs. Saras stands out for its commitment to environmental responsibility and technological innovation, positioning itself as a forward-thinking leader in the industry. With a strong market presence and a reputation for excellence, Saras continues to achieve notable milestones, reinforcing its status as a key player in the global energy landscape.
+5 vs industry average
Saras’s score of 30 is higher than 60% 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
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 5% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Saras's reported carbon emissions
In 2023, Saras S.p.A. reported total carbon emissions of approximately 40.7 billion kg CO2e, comprising Scope 1 emissions of about 5.6 billion kg CO2e, Scope 2 emissions of approximately 452 million kg CO2e, and Scope 3 emissions of about 40.7 billion kg CO2e. The Scope 3 emissions are significantly driven by the use of sold products, which alone accounted for approximately 36.5 billion kg CO2e. Saras has set ambitious reduction targets for its emissions. For Scope 1, the company aims to reduce emissions from about 265,407 kg CO2e in 2022 to 212,203 kg CO2e by 2030, representing a 20% reduction. In terms of Scope 2, Saras targets a reduction from approximately 70,001 kg CO2e in 2022 to 3,940 kg CO2e by 2030, which equates to a remarkable 94.4% decrease. The emissions data is cascaded from Saras S.p.A., reflecting its commitment to sustainability and climate action as part of its corporate family. The company is actively working towards achieving these targets while addressing its carbon footprint across all scopes of emissions.
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Saras’s Climate Goals (2030 & 2050)
2 goals2030
94.4% reduction in Scope 2
Scope 2 Market-Based GHG Emissions 2022 70,001 2030 3,940 -94.4%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Saras
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