Saudi Aramco
Saudi Aramco is a publicly listed fully integrated oil and gas company headquartered in Saudi Arabia, with 98.18% owned by government of Saudi Arabia. In 2020, it had USD 204.83 billion in revenue and a reported 70,000 employees*. Aramco is the world’s biggest oil producer and is also increasing its gas operations. Its 2019, its scope 1, 2 and 3 emissions were greater than Germany, France, Italy and Spain's combined emissions.
- Ranking position
- #80 /100
- Total score
- 2.1 /100
- Performance score
- 0.9 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Trend
Aramco receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Aramco increased its oil production between 2014 and 2019, leading to an increase of nearly 10% in its scope 1, 2 and 3 emissions. As the company has been directed to increase oil production capacity from 12 million barrels per day to 13 million barrels of day by the Saudi government, this trend looks set to continue. Aramco has no strategy to diversify into low-carbon business activities and has not even disclosed targets to reduce its scope 1 and 2 emissions.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Dhahran, Saudi Arabia
- Group revenue
- USD 204.83 billion
- Ownership structure
- Publicly listed with 98.18% owned by government of Saudi Arabia
- Number of employees
- 70,000
- Scope of activity
- Fully integrated
- Website
- https://www.aramco.com