Annual Report

Overview

The report describes SABIC's 2022 consolidated sales of SAR 198.47 billion and net income of SAR 16.53 billion, alongside global operations spanning around 50 countries and more than 31,000 people. It reports progress on its carbon-neutrality roadmap, including a 20% absolute Scope 1 and 2 reduction target by 2030 and carbon neutrality by 2050. Sustainability highlights include circular-feedstock initiatives, the BLUEHERO initiative, carbon capture activities and ESG governance through Board and executive committees.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: Ends 31 December 2022
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis

Assurance

Statement included

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