Saudi Basic Industries Corp 2016 AR2
The report highlights SABIC's performance and strategic transformation in 2016, including the launch of its Specialties business SBU and the FANAR+ operating system. The company achieved a net profit of US$4.76 billion with total production reaching 72.7 million metric tons. In sustainability, SABIC made progress toward its 2025 goals, reducing greenhouse gas intensity by 8.3% and water intensity by 10.4% compared to the 2010 baseline. Additionally, the company commissioned the world's largest CO2 purification plant at its United affiliate and opened the Home of Innovation™ in Riyadh to showcase sustainable solutions.
Company: Saudi Basic Industries Corp
Sector: Materials
Country: Saudi Arabia
Year: 2016
Type: AR2
Pages: 63
Saudi Basic Industries Corp
Annual Report
The report highlights SABIC's performance and strategic transformation in 2016, including the launch of its Specialties business SBU and the FANAR+ operating system. The company achieved a net profit of US$4.76 billion with total production reaching 72.7 million metric tons. In sustainability, SABIC made progress toward its 2025 goals, reducing greenhouse gas intensity by 8.3% and water intensity by 10.4% compared to the 2010 baseline. Additionally, the company commissioned the world's largest CO2 purification plant at its United affiliate and opened the Home of Innovation™ in Riyadh to showcase sustainable solutions.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women in Management
Employees