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)2023202220212020 - 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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b
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Saudi Basic Industries’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 Saudi Basic Industries’s data sources below and access millions more through our Disclosure Search.

a. Saudi Basic Industries's Integrated Report 2023
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b. Saudi Basic Industries's Sustainability Report 2022
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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). 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

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 CO₂ equivalent (tCO₂e). a

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. 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

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 tCO₂e using the market-based method and 11,705,380 tCO₂e using the location-based method. a

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. a

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 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

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 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. a b

Insights into Saudi Basic Industries’s GHG Emissions Intensity Compared to Industry Peers

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

Saudi Basic Industries's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)JTZAdvanced PetrochemicalYear: 2023Scope 1: 632,242 tCO2eRevenue: $M 633Scope 1 Intensity: 998.90 tCO2e/$MJJJiangsu Eastern ShenghongYear: 2023Scope 1: 875 tCO2eRevenue: $M 19,760Scope 1 Intensity: 0.04 tCO2e/$MSumitomo ChemicalYear: 2023Scope 1: 4,262,000 tCO2eRevenue: $M 21,736Scope 1 Intensity: 196.08 tCO2e/$MNational IndustrializationYear: 2023Scope 1: 2,733,886 tCO2eRevenue: $M 951Scope 1 Intensity: 2,874.19 tCO2e/$MSahara International PetrochemicalYear: 2023Scope 1: 2,213,100 tCO2eRevenue: $M 2,031Scope 1 Intensity: 1,089.42 tCO2e/$MRongsheng PetrochemicalYear: 2023Scope 1: 25,287,836 tCO2eRevenue: $M 45,745Scope 1 Intensity: 552.80 tCO2e/$MBASFYear: 2024Scope 1: 15,552,000 tCO2eRevenue: $M 67,911Scope 1 Intensity: 229.01 tCO2e/$MSesodaYear: 2023Scope 1: 46,964 tCO2eRevenue: $M 192Scope 1 Intensity: 245.05 tCO2e/$MSyensqoYear: 2023Scope 1: 1,200,000 tCO2eRevenue: $M 7,820Scope 1 Intensity: 153.46 tCO2e/$MLotte ChemicalYear: 2023Scope 1: 3,896,865 tCO2eRevenue: $M 15,609Scope 1 Intensity: 249.65 tCO2e/$MBarito PacificYear: 2024Scope 1: 1,477,861 tCO2eRevenue: $M 2,387Scope 1 Intensity: 619.13 tCO2e/$MTTTaiwan Styrene MonomerYear: 2023Scope 1: 175,429 tCO2eRevenue: $M 311Scope 1 Intensity: 564.04 tCO2e/$MIndorama VenturesYear: 2023Scope 1: 7,102,530 tCO2eRevenue: $M 15,726Scope 1 Intensity: 451.63 tCO2e/$MGanfeng Lithium GroupYear: 2023Scope 1: 353,100 tCO2eRevenue: $M 4,639Scope 1 Intensity: 76.11 tCO2e/$MDowYear: 2024Scope 1: 26,630,000 tCO2eRevenue: $M 42,964Scope 1 Intensity: 619.82 tCO2e/$MKurarayYear: 2023Scope 1: 1,748,000 tCO2eRevenue: $M 5,522Scope 1 Intensity: 316.57 tCO2e/$MResonac HoldingsYear: 2023Scope 1: 3,292,000 tCO2eRevenue: $M 9,159Scope 1 Intensity: 359.42 tCO2e/$MFormosa Chemicals and FibreYear: 2023Scope 1: 5,142,739 tCO2eRevenue: $M 10,843Scope 1 Intensity: 474.31 tCO2e/$MLG ChemYear: 2023Scope 1: 5,176,673 tCO2eRevenue: $M 15,610Scope 1 Intensity: 331.62 tCO2e/$MZZZangge MiningYear: 2023Scope 1: 51,402 tCO2eRevenue: $M 735Scope 1 Intensity: 69.91 tCO2e/$MUPC TechnologyYear: 2023Scope 1: 39,048 tCO2eRevenue: $M 2,386Scope 1 Intensity: 16.37 tCO2e/$MBraskemYear: 2024Scope 1: 9,208,346 tCO2eRevenue: $M 12,530Scope 1 Intensity: 734.89 tCO2e/$MBachem HoldingYear: 2024Scope 1: 6,304 tCO2eRevenue: $M 668Scope 1 Intensity: 9.43 tCO2e/$MSaudi Basic IndustriesYear: 2023Scope 1: 32,393,194 tCO2eRevenue: $M 37,743Scope 1 Intensity: 858.25 tCO2e/$M

How does Saudi Basic Industries's GHG emissions intensity compare to its peers?

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 331.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Saudi Basic Industries rank on GHG emissions intensity within its industry?

In 2023, Saudi Basic Industries ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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 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. a b

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

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