Saudi Aramco
Oil & Gas
Company Summary
Saudi Aramco or the Saudi Arabian Oil Group or simply Aramco, is the world's largest integrated energy and chemicals company operating from Dhahran, in Saudi Arabia. The oil giant has three business segments: upstream, downstream, and corporate. They are represented in the three major global markets of Asia, Europe, and North America. The main Aramco research center is located in Saudi Arabia along with other innovation hubs in the US, Europe, and Asia. Aramco's vision is to become a leading energy and chemicals company committed to energy transition. The company is also committed to upholding its sustainability principles and has four sustainability focus areas to oversee its sustainable practices; climate change and the energy transition; safe operations and people development; minimizing environmental impact; and, growing societal value. The oil company has a goal to address climate change, which is part of its corporate strategy as well as business strategy. For more details regarding Aramco's ESG journey, governance, and commitments to communities, investors, and other stakeholders can download their latest ESG report.
ESG Rating Overview
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Aramco is average among 24 companies in the integrated oil & gas industry.