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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 32,393,194a | 33,276,921a | 32,320,040a | |
Total Scope 2 | ||||
Market-Based | 11,176,492a | 11,907,153a | 12,280,467a | |
Location-Based | 11,705,380a | N/A | 15,154,190b | |
Total Scope 3 | 30,120,000a | 120,000,000b | 117,000,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 858.2539a | 683.0727a | 693.9581a |
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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).a
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.a
In 2023, the total Scope 1 emissions of Saudi Basic Industries were 32,393,194 metric tons of CO₂ equivalent (tCO₂e).a
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.a
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.a
In 2023, Saudi Basic Industries reported Scope 2 greenhouse gas (GHG) emissions of 11,176,492 tCO₂e using the market-based method and 11,705,380 tCO₂e using the location-based method.a
In 2023, Saudi Basic Industries reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Saudi Basic Industries reported 30,120,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
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.a
In 2023, Saudi Basic Industries reported total Scope 3 emissions of 30,120,000 metric tons of CO₂ equivalent (tCO₂e).a
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.ab
In 2023, Saudi Basic Industries reported Scope 1 greenhouse gas (GHG) emissions of 32,393,194 tCO₂e and total revenues of USD 37,743 millions. This translates into an emissions intensity of 858.25 tCO₂e per millions USD.a
In 2023, Saudi Basic Industries reported a Scope 1 emissions intensity of 858.25 tCO₂e per millions USD. Compared to the peer group median of 619.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Saudi Basic Industries ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Saudi Basic Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Saudi Basic Industries reported a total carbon footprint of 74,218,574 metric tons of CO₂ equivalent (tCO₂e) 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.ab
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%.a