Aramco
In October 2021, Aramco announced its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operated assets by 2050. Aramco is harnessing the Circular Carbon Economy framework, which focuses on reducing, reusing, recycling and removing emissions. Aramco states that when it comes to oil and gas, the future now clearly belongs to the lowest cost, least-carbon intensive producers. To date however, Aramco has not reported Scope 3 emissions.
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Sustainability Report
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Frequently Asked Questions
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Virtually all energy majors have 2050 as target date for carbon neutrality. Most focus solely on Scope I and II emissions. Ørsted and Equinor have the highest ambitions and most stringent targets. Repsol, Eni, Shell, TotalEnergies and BP are following suit.