Saras Sustainability Profile
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.
DitchCarbon Score
How does Saras'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 Other Services 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
Saras's score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saras's reported carbon emissions
In 2023, Saras S.p.A. reported total carbon emissions of approximately 40,740,357,000 kg CO2e. This figure includes Scope 1 emissions of about 5,603,437,000 kg CO2e, Scope 2 emissions of approximately 452,140,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 40,740,357,000 kg CO2e. Notably, the largest contributors to Scope 3 emissions were the use of sold products, accounting for about 36,507,323,000 kg CO2e, and purchased goods and services, which contributed approximately 3,795,624,000 kg CO2e. Comparatively, in 2022, Saras reported total emissions of about 41,837,413,000 kg CO2e, with Scope 1 emissions at approximately 6,104,895,000 kg CO2e and Scope 2 emissions of around 499,794,000 kg CO2e (market-based). The data indicates a slight decrease in total emissions from 2022 to 2023. Saras has not set specific reduction targets or initiatives as part of their climate commitments, and there are no reported SBTi (Science Based Targets initiative) targets. The emissions data is cascaded from the parent company, Saras S.p.A., reflecting their current subsidiary status. Overall, while Saras has made strides in reporting emissions across all scopes, the absence of defined reduction targets highlights an area for potential improvement in their climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 528,984,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 517,421,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Saras's Industry?
How Carbon Intensive is Saras's Location?
Saras's Scope 3 Categories Breakdown
Saras's Scope 3 emissions, which decreased by 3% last year and increased by approximately 3% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 90% of Scope 3 emissions.
Top Scope 3 Categories
Saras's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Saras has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
