In 2024, Saudi Energy 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) and Scope 2 (indirect emissions from purchased energy).
However, Saudi Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 144,740,000a | 144,990,000a | 124,310,000a | |
Total Scope 2 | ||||
Market-Based | 8,600,000a | 6,950,000a | 54,890,000a | |
Location-Based | 10,620,000a | 9,140,000a | N/A | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6,131.2244a | 7,217.7954a | 6,481.1393a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Saudi Energy amounted to 155,360,000 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 2023, the total operational greenhouse gas (GHG) emissions of Saudi Energy increased by 0.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Saudi Energy were 144,740,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Saudi Energy's Scope 1 emissions have increased by 22.46%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Saudi Energy's Scope 1 emissions remained relatively stable, indicating that Saudi Energy's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Saudi Energy reported Scope 2 greenhouse gas (GHG) emissions of 8,600,000 tCO₂e using the market-based method and 10,620,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), Saudi Energy's Scope 2 emissions (Location-Based) rose by 16.19% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Saudi Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Saudi Energy reported Scope 1 greenhouse gas (GHG) emissions of 144,740,000 tCO₂e and total revenues of USD 23,607 millions. This translates into an emissions intensity of 6,131.22 tCO₂e per millions USD.a
In 2024, Saudi Energy reported a Scope 1 emissions intensity of 6,131.22 tCO₂e per millions USD. Compared to the peer group median of 923.77, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Saudi Energy ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Saudi Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a