Saudi Basic Industries Corporation SJSC

Common Name
Saudi Basic Industries
Country
Saudi Arabia
Sector
Basic Materials
Industry
Chemicals
Employees
N/A
Ticker
2010
Exchange
SAUDI STOCK EXCHANGE
Description
Saudi Basic Industries Corporation is a prominent player in the global petrochemical industry, known for its production of chemicals, fertilizers, and metals. As one of the largest companies in the Mi...

Saudi Basic Industries's GHG Emissions Data Preview

In 2023, Saudi Basic Industries 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).

However, Saudi Basic Industries has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Saudi Basic Industries's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Saudi Basic Industries amounted to 44,098,574 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Saudi Basic Industries decreased by 2.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Saudi Basic Industries's Scope 1 Emissions Over Time

202020212022202308.5 M17 M25.5 M34 MtCO2e-4%+3%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Saudi Basic Industries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Saudi Basic Industries were 32,393,194 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Saudi Basic Industries reduced its Scope 1 emissions over time?

Since 2020, Saudi Basic Industries's Scope 1 emissions have decreased by 3.65%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Saudi Basic Industries's Scope 1 emissions decreased by 2.66%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Saudi Basic Industries's Scope 2 emissions?

In 2023, Saudi Basic Industries reported Scope 2 greenhouse gas (GHG) emissions of 11,176,492 tCOâ‚‚e using the market-based method and 11,705,380 tCOâ‚‚e using the location-based method.

What methodology does Saudi Basic Industries use for Scope 2 reporting?

In 2023, Saudi Basic Industries reported its Scope 2 emissions using the market-based method and using the location-based method.

Saudi Basic Industries's Scope 2 Emissions Over Time

202020212022202304 M8 M12 M16 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Saudi Basic Industries's Value Chain Emissions

In 2023, Saudi Basic Industries reported 30,120,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Saudi Basic Industries includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Saudi Basic Industries's Scope 3 Emissions Over Time

202120222023030 M60 M90 M120 MtCO2e+3%-75%
  • Total Scope 3
  • Year-over-Year Change

What are Saudi Basic Industries's Scope 3 emissions?

In 2023, Saudi Basic Industries reported total Scope 3 emissions of 30,120,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Saudi Basic Industries's Scope 3 emissions decreased by 74.9%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Saudi Basic Industries's Total Carbon Footprint

In 2023, Saudi Basic Industries reported a total carbon footprint of 74,218,574 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 55.07% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Saudi Basic Industries's total carbon footprint was Scope 1 emissions, accounting for 43.65% of the company's total carbon footprint, followed by Scope 3 emissions at 40.58%.

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