Saudi Basic Industries Corp 2023 IR
The report details the company's financial and sustainability performance for the fiscal year 2023, marking its first integrated annual report. Highlights include a 12.5% reduction in absolute Scope 1 and 2 greenhouse gas emissions since 2018 and the commercial operation of a new polycarbonate plant in China. The company also announced a commitment to process at least one million metric tons of TRUCIRCLE™ products annually by 2030. Additionally, the company reached an agreement to divest its iron and steelmaking unit, Hadeed, to optimize its strategic portfolio.
Company: Saudi Basic Industries Corp
Sector: Materials
Country: Saudi Arabia
Year: 2023
Type: IR
Pages: 351
Saudi Basic Industries Corp
Integrated Annual Report
The report details the company's financial and sustainability performance for the fiscal year 2023, marking its first integrated annual report. Highlights include a 12.5% reduction in absolute Scope 1 and 2 greenhouse gas emissions since 2018 and the commercial operation of a new polycarbonate plant in China. The company also announced a commitment to process at least one million metric tons of TRUCIRCLE™ products annually by 2030. Additionally, the company reached an agreement to divest its iron and steelmaking unit, Hadeed, to optimize its strategic portfolio.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Net Zero Target
Employees