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Saras SpA

Common Name
Saras
Country
Italy
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
1,591
Ticker
SRS
Exchange
EURONEXT MILAN
Description
Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Industrial & Marketing; and Renewables segments. It also sells and distributes oil products...

Saras's GHG Emissions Data Preview

In 2024, Saras completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Saras has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Saras’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Saras’s data sources below and access millions more through our Disclosure Search.

a. Saras's ESG Report 2024
a. Saras's ESG Report 2024

Insights into Saras's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSaras amounted to6,269,251metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Sarasincreased by 6.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Saras's Scope 1 Emissions Over Time

2023202401.5 M3 M4.5 M6 MtCO2e+6%
  • Total Scope 1
  • Year-over-Year Change

What are Saras's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Saras were 5,931,323 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Saras's Scope 1 emissions increased by 5.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Saras's Scope 2 emissions?

In 2024, Saras reported Scope 2 greenhouse gas (GHG) emissions of 500,107 tCOâ‚‚e using the market-based method and 337,928 tCOâ‚‚e using the location-based method.a

Has Saras reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Saras's Scope 2 emissions(Location-Based) rose by 10.15% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Saras use for Scope 2 reporting?

In 2024, Saras reported its Scope 2 emissions using the market-based method and using the location-based method.a

Saras's Scope 2 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Saras's Value Chain Emissions

In 2024, Saras reported 40,295,104 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Saras includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Saras's Scope 3 Emissions Over Time

20232024015 M30 M45 M60 MtCO2e-1%
  • Total Scope 3
  • Year-over-Year Change

What are Saras's Scope 3 emissions?

In 2024, Saras reported total Scope 3 emissions of 40,295,104 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 10.96%of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.04%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Saras's Scope 3 emissions remained relatively stable, indicating that Saras's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Saras disclose?

In 2024, Saras reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Saras's Scope 3 emissions?

In 2024, the largest contributors to Saras's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 35,879,118 tCOâ‚‚e(89.04%)
  • Purchased Goods and Services (Cat. 1): 4,010,181 tCOâ‚‚e(9.95%)
  • Downstream Transportation and Distribution (Cat. 9): 163,353 tCOâ‚‚e(0.41%)

Saras's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(89.0%)Purchased Goods andServices (Cat. 1)(10.0%)

Insights into Saras’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Saras reported Scope 1 greenhouse gas (GHG) emissions of 5,603,437 tCOâ‚‚e and total revenues of USD 12,666 millions. This translates into an emissions intensity of 442.41 tCOâ‚‚e per millions USD.a

Saras's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)205005,00050,000500,000Revenues (Millions of USD)BCAIAKR CorporindoYear: 2024Scope 1: 38,133 tCO2eRevenue: $M 2,408Scope 1 Intensity: 15.84 tCO2e/$MBBBangchak SrirachaYear: 2024Scope 1: 1,131,248 tCO2eRevenue: $M 6,953Scope 1 Intensity: 162.70 tCO2e/$MQatar FuelYear: 2024Scope 1: 19,140 tCO2eRevenue: $M 7,693Scope 1 Intensity: 2.49 tCO2e/$MPetronas DaganganYear: 2024Scope 1: 10,011 tCO2eRevenue: $M 8,487Scope 1 Intensity: 1.18 tCO2e/$MCosanYear: 2024Scope 1: 1,028,609 tCO2eRevenue: $M 7,114Scope 1 Intensity: 144.59 tCO2e/$MSinopec Shanghai PetrochemicalYear: 2024Scope 1: 7,803,400 tCO2eRevenue: $M 11,939Scope 1 Intensity: 653.60 tCO2e/$MCCCVR EnergyYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 9,247Scope 1 Intensity: 363.36 tCO2e/$MPetronet LNGYear: 2025Scope 1: 242,657 tCO2eRevenue: $M 5,967Scope 1 Intensity: 40.67 tCO2e/$MAAAzienda Bresciana Petroli NocivelliYear: 2023Scope 1: 254 tCO2eRevenue: $M 82Scope 1 Intensity: 3.08 tCO2e/$MStar Petroleum RefiningYear: 2024Scope 1: 1,283,698 tCO2eRevenue: $M 7,748Scope 1 Intensity: 165.67 tCO2e/$MIIItochu EnexYear: 2024Scope 1: 499,000 tCO2eRevenue: $M 6,361Scope 1 Intensity: 78.45 tCO2e/$MIRPCYear: 2024Scope 1: 3,290,000 tCO2eRevenue: $M 9,169Scope 1 Intensity: 358.80 tCO2e/$MMarathon PetroleumYear: 2024Scope 1: 34,600,000 tCO2eRevenue: $M 138,864Scope 1 Intensity: 249.16 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MRubisYear: 2024Scope 1: 271,000 tCO2eRevenue: $M 6,914Scope 1 Intensity: 39.20 tCO2e/$MPetro RabighYear: 2021Scope 1: 4,771,823 tCO2eRevenue: $M 12,154Scope 1 Intensity: 392.61 tCO2e/$MIndian OilYear: 2025Scope 1: 21,240,000 tCO2eRevenue: $M 88,315Scope 1 Intensity: 240.50 tCO2e/$MDelek US HoldingsYear: 2024Scope 1: 2,600,000 tCO2eRevenue: $M 11,852Scope 1 Intensity: 219.37 tCO2e/$MDCCYear: 2025Scope 1: 64,000 tCO2eRevenue: $M 23,303Scope 1 Intensity: 2.75 tCO2e/$MNorth Atlantic EnergiesYear: 2024Scope 1: 2,254,000 tCO2eRevenue: $M 18,673Scope 1 Intensity: 120.71 tCO2e/$MReliance IndustriesYear: 2025Scope 1: 36,459,294 tCO2eRevenue: $M 112,908Scope 1 Intensity: 322.91 tCO2e/$MUltrapar ParticipacoesYear: 2024Scope 1: 27,322 tCO2eRevenue: $M 21,609Scope 1 Intensity: 1.26 tCO2e/$MMRPLYear: 2025Scope 1: 5,675,575 tCO2eRevenue: $M 11,082Scope 1 Intensity: 512.17 tCO2e/$MS-OilYear: 2024Scope 1: 7,954,000 tCO2eRevenue: $M 24,967Scope 1 Intensity: 318.57 tCO2e/$MHF SinclairYear: 2024Scope 1: 8,198,000 tCO2eRevenue: $M 28,580Scope 1 Intensity: 286.84 tCO2e/$MSarasYear: 2023Scope 1: 5,603,437 tCO2eRevenue: $M 12,666Scope 1 Intensity: 442.41 tCO2e/$M

How does Saras's GHG emissions intensity compare to its peers?

In 2023, Saras reported a Scope 1 emissions intensity of 442.41 tCOâ‚‚e per millions USD. Compared to the peer group median of 162.7, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Saras rank on GHG emissions intensity within its industry?

In 2023, Saras ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Saras among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Saras's Total Carbon Footprint

In 2024, Saras reported a total carbon footprint of 46,564,355 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Saras's total carbon footprint was Scope 3 emissions, accounting for 86.54% of the company's total carbon footprint, followed by Scope 1 emissions at 12.74%.a

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