Aramco releases 2024 Sustainability Report to showcase carbon reduction efforts

SAUDI ARAMCO -1.04%

SAUDI ARAMCO

2222.SA

23.75

-1.04%

Riyadh - Mubasher: Saudi Aramco published its 2024 annual sustainability report, titled "Investing in Growth and Innovation for Sustainability."

The report reviews Saudi Aramco's approach to integrating sustainability into its strategy and operations, and the company's efforts to deliver lower-carbon solutions, including reducing methane emissions.

It also includes the company's efforts to achieve leadership in supporting partnerships and sustainability initiatives, as well as the use of artificial intelligence applications in its operations, in addition to the company's effective role in maximizing community value across all its business areas.

The company noted that its vision is to become the world's leading integrated energy and chemicals company, operating safely, sustainably, and reliably.

It noted that it strives to provide reliable, more sustainable, and affordable energy to communities around the world, and to deliver value to its shareholders across business cycles by maintaining its leadership in oil and gas production and its leading position in chemicals.

“Sustainability is about being a good citizen, focusing on the well-being and long-term development of our employees, and adding value to the wider community,” said Yasir Othman Al-Rumayyan, Chairman of Saudi Aramco’s Board of Directors.

For his part, Amin Nasser, President and CEO of Aramco, said: "To complement the company's ambitions to achieve net-zero emissions, we have set a new interim target for 2030 to reduce the carbon intensity of our exploration and production operations."

To view the 2024 Sustainability Report

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