Integrated Annual Report

Overview

The report describes SABIC's 2024 progress toward carbon neutrality, including a 20% absolute Scope 1 and 2 reduction target by 2030 and a 2050 carbon-neutrality aspiration. The company reported its best-ever safety performance, with a 0.09 total recordable injury and illness rate and zero fatalities among employees and contractors. It also highlights circular and low-carbon products, renewable-energy projects, advanced recycling, and electrification initiatives. Local-content programs enabled 8,682 jobs and generated a 48.3% Local Content Score.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 16 March 2025
Language: English
Pages
File size
Restatement: Disclosed

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

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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