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Sustainability report 2023

Our ESG data and assurance

Overview

Our ESG data and assurance

Climate change and the energy transition

Safe operations and people development

Minimizing environmental impact

Growing societal value

Governance

In 2023, we have 74 metrics (of which 18 have undergone/are undergoing external limited assurance) across 13 material sustainability topics in our focus areas: climate change and the energy transition, safe operations and people development, minimizing environmental impact, and growing societal value. Our sustainability focus areas and sustainability performance are overseen by governance provided by our Board of Directors.

The following table presents Aramco’s sustainability metrics starting from the year 2019 until the year 2023. Reporting boundaries for each metric and for each year are shown for transparency. There are three common terms used in reference to the metrics’ reporting boundaries, and the definitions of the commonly used terms are:

  • Company in-Kingdom — Saudi Arabian Oil Company in-Kingdom wholly-owned operated assets.
  • Operational control — Saudi Arabian Oil Company in-Kingdom wholly-owned operated assets, SASREF, Motiva, ARLANXEO, Aramco Trading Company (ATC), Aramco Services Company (ASC), Aramco Overseas Company B.V. (AOC), and Saudi Aramco Asia Company Ltd. (SAAC).
  • Group — Saudi Arabian Oil Company, together with its consolidated subsidiaries, and where the context requires, its joint operations, joint ventures, and associates.
For more details on definitions and reporting boundaries, please refer to pages 100-106 of the 2023 Sustainability Report.

Climate change and the energy transition