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Aramco announces net-zero ambition

IPIECA member Aramco states ambition to reach operational net-zero emissions by 2050.

Aramco, one of the world’s leading integrated energy and chemicals companies, has announced its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operated assets by 2050.

The IPIECA member company plans to disclose further details in its forthcoming sustainability report to be issued in Q2 2022.

Aramco’s announcement complements the Kingdom of Saudi Arabia’s aim to reach net-zero emissions by 2060.

Amin H. Nasser, Aramco President and CEO, said: ‘As the largest provider of energy to the world, Aramco’s ambition to reach net-zero greenhouse gas emissions across our operations in less than three decades is a historic step forward that will help tackle the most pressing challenge facing humanity. Our past success has not been measured by quarters or business cycles, but across generations. The same will apply to the positive results from our net-zero ambition, as the actions we take in the coming years will help safeguard our planet for future generations.

‘The road ahead will be complex, as the world’s transition to a more sustainable energy future will require collective action and major technological breakthroughs. But we remain focused on delivering reliable and affordable energy, investing for the long term as our efforts to further reduce emissions gain momentum.’

For more information, please visit: https://www.aramco.com/en/news-media/news/2021/ambition-to-reach-operational-net-zero-emissions-by-2050#


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