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200 | aramco.pdf | Waste management Aramco’s approach to waste In 2022, we developed a Corporate Waste Management Strategy with a goal to minimize and divert waste from landfill and provide short- and long-term targets. The strategy has incorporated national waste management targets for minimizing waste disposal to landfills and ma... | 67 | [Guess]: No
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201 | aramco.pdf | These studies identify opportunities to eliminate or minimize waste. As for operating facilities, Aramco performs waste minimization opportunity assessments three to five years after commissioning. Our waste management is guided by the Aramco Hazardous Waste Code, which has been prepared to define consistent req... | 67 | [Guess]: No
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202 | aramco.pdf | In 2022, Aramco generated 318,656 metric tonnes of industrial waste (2021: 240,225) which was disposed of at licensed and Company qualified industrial waste management service providers. The increase in waste has been driven by an increase in our hydrocarbon production and the oil spills during the year. In 2022,... | 67 | [Guess]: No
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203 | aramco.pdf | We are trialling a technology that can be used to condition NORM waste and recover material from the NORM waste stream, including hydrocarbons and water. Automated NORM waste management Naturally occurring radioactive material occurs across a variety of oil and gas waste streams, including in sludge from oil/gas se... | 67 | [Guess]: No
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204 | aramco.pdf | 1. As we progress on our reporting journey and our controls around ESG data mature, for this metric, we have expanded the reporting boundary beyond just Company in-Kingdom. To allow comparability, we have restated the 2021 and 2020 figures in line with the expanded reporting boundary. 2. This figure has undergone e... | 67 | [Guess]: No
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205 | aramco.pdf | Municipal waste Aramco has established a joint venture with Veolia, an international waste, water, and energy management company, to develop an integrated waste management facility in the Kingdom. The facility is intended to treat all of the Company’s municipal and industrial waste generated in the Kingdom, and i... | 68 | [Guess]: No
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206 | aramco.pdf | Utilizing RFID technology, chemicals can be tracked in real-time providing accurate information about their inventory, consumption, transportation, disposal, and location. What are we doing?Through our Namaat industrial investment arm, we launched IK Metals Reclamation and Catalyst Manufacturing as a non-equity inv... | 68 | [Guess]: No
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207 | aramco.pdf | Plastic waste management Our vision is to play a meaningful role in eliminating plastic waste and leakage to the environment, and it is informed by four key points: Aramco continues to promote the use of recycled plastics in the construction industry. For example, synthetic rubber from waste tyres was deployed ... | 69 | [Guess]: No
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208 | aramco.pdf | Innovative technologies, such as the “refinery of the future” concept can address reusability by converting plastic waste into sustainable fuels or adopting chemical recycling technologies. 2 3 4 1 With our subsidiary SABIC, we are developing alternative uses for plastic waste and its recovery, ranging from mecha... | 69 | [Guess]: No
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209 | aramco.pdf | Aramco Sustainability Report 2022 70 | 70 | [Guess]: No
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210 | aramco.pdf | Growing societal value Material topics Relevant UN SDGs For more details on relevant metrics, see page 86. Labor practices Number of people on Aramco sponsored programs*1 National content Saudization (%) Saudization of construction contracts (%) Saudization of service contracts (%) iktva procurement spend in-Kin... | 71 | [Guess]: No
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211 | aramco.pdf | Many of these projects have been realized through strategic collaboration and partnerships with businesses, non-profit organizations, charities, governments, and stakeholders. In line with our commitment to relevant UN SDGs and Saudi Vision 2030, we enable citizens and businesses to unleash their full potential,... | 71 | [Guess]: No
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212 | aramco.pdf | Growing societal value wherever we operate Nearly a century after the Kingdom’s founding, the Saudi economy continues to grow and prosper thanks in part to the leading role that businesses, particularly Aramco, have played in the country’s development. As Aramco’s business continues to evolve and expand across ... | 72 | [Guess]: No
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213 | aramco.pdf | where we contribute significantly to the American economy through local employment, tax revenues, and a wide range of community projects. More information on our contributions abroad are provided on pages 78 and 79. Building the local workforce in the Kingdom of Saudi Arabia Labor practices While Aramco’s current... | 72 | [Guess]: No
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214 | aramco.pdf | At the end of 2022, 90.9% of the Company’s employees were Saudi nationals (90.5% in 2021). 2022 2021 2020 Saudization (% of Saudi nationals as part of Aramco’s workforce) 90.9% 90.5% 89.6% Within Saudi Arabia, we support a number of preparatory programs, with a particular focus on education and preparing the ... | 72 | [Guess]: No
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215 | aramco.pdf | The number of applications was more than three times that received in 2021, including an 87% increase in applications from females. 2022 2021 2020 Number of people on Aramco sponsored programs*1 12,160 9,010 7372 Labor practices and national content 87% increase in applications by females to our education pro... | 72 | [Guess]: No
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216 | aramco.pdf | Localizing our supply chain In-Kingdom Total Value Add program Our iktva program is a national success story that we are immensely proud of. We are on track to meet our in-Kingdom target of spending 70% of all our procurement spend locally by the end of 2025. Through the program, the local component of our overall... | 73 | [Guess]: No
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217 | aramco.pdf | Items manufactured for the first time in the Kingdom, included: • A chemical reaction plant; • Frac equipments; • Welding wires; • Venturi flow meters; • Firefighting foams; and • Drilling rigs. We also introduced three new requirements in the iktva formula to drive emerging focus areas. Incentives are provided to ... | 73 | [Guess]: No
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218 | aramco.pdf | To date, this encompasses 965 organizations across 43 different sectors, including oil field services, chemicals, drilling, pipes, steel, and non-metallics. Aramco procurement of domestically produced goods and services has benefited the Saudi Arabian economy. Mainly driven by the iktva program, Aramco’s total do... | 73 | [Guess]: No
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219 | aramco.pdf | Saudization of construction contracts (%) 28.0 21.6 25.6 28.0 2020 2021 2022 Saudization of service contracts (%) 57.2 51.0 56.6 57.2 2020 2021 2022 The Saudization of construction contracts reached 28.0% in 2022, exceeding the 2021 year-end number of 25.6%. The Saudization of service contracts reached 57.2%, ex... | 74 | [Guess]: No
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220 | aramco.pdf | In doing so, we anticipate that thousands of new private sector jobs will be created across the country, benefiting the national GDP in the process. Aramco’s National Champions program encompasses a set of unique programs focused around five strategic domains — sustainability, digital, industrial, manufacturing, ... | 74 | [Guess]: No
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221 | aramco.pdf | With this newly established system, a new source of spare parts has been established to ensure parts availability, reduce cost and improve delivery times. What are we doing? Aramco Sustainability Report 2022 74 Growing societal value | 74 | [Guess]: No
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222 | aramco.pdf | What are we doing? National Champions Artificial intelligence In 2022, with a private sector partner, we established the Global AI Corridor to build local capacity and grow talent, nurture Saudi AI startups, and attract high-impact intellectual property and capital investment to the Kingdom. The Corridor is intended... | 75 | [Guess]: No
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223 | aramco.pdf | Taleed Launched in 2022, “Taleed” strives to accelerate the growth of SMEs in Saudi Arabia — helping boost their contribution to economic development and support job creation. The program targets sustainable SME growth across multiple sectors through a portfolio of 20 initiatives, providing a wide range of suppor... | 75 | [Guess]: No
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224 | aramco.pdf | Human rights in the supply chain Human rights is not just relevant for our employees, but also for our broader stakeholders, especially our supply chain. In addition to our Code of Business Conduct (page 85), our Supplier Code of Conduct provides more details on the standards we expect our suppliers to conform to... | 76 | [Guess]: No
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225 | aramco.pdf | We recognize due diligence in human rights and complying with the Code of Conduct requires thoroughness, to ensure the implementation of our values and standards. Therefore, Aramco regularly examines its businesses, suppliers, government relationships, acquisitions, mergers and divestitures. Our contracting teams... | 76 | [Guess]: No
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226 | aramco.pdf | Social investment The Company’s citizenship strategy is defined by two key pillars: People and Planet. People social investment activities focus on two key areas of support: knowledge and creativity, and socio-economic development. Planet social investment activities prioritize the protection of diverse biosphere... | 77 | [Guess]: No
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227 | aramco.pdf | The center will also support farmers through the different stages of production, from treating the coffee beans all the way to the packaging stage. The center is currently being built in partnership with the Jazan Mountain Development Authority, and Al-Dayer Ber Charity. Community and society Rosyar factory The ... | 77 | [Guess]: No
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228 | aramco.pdf | The challenge inspires learning in STEM including project management, marketing, teamwork and innovation. Teams submit their cars, project portfolios, designs and are judged by SMEs. The winners progress at each stage with only the top teams from each country attending the annual Aramco F1 in Schools World Finals. ... | 77 | [Guess]: No
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229 | aramco.pdf | The initial cohort of 18 male and female students was drawn from public and private schools through a selection criteria. The training hubs included specialist facilitators and a state-of-the-art research and development lab. The students went through an intensive training program with three teams chosen to go to ... | 77 | [Guess]: No
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230 | aramco.pdf | Asia In Asia, Aramco supported 11 organizations across China, Malaysia, Singapore, Japan, Korea, and India, with various environmental, education, social, and medical initiatives. Textile industry People Established in the second half of 2022, Imprint is a local factory producing government uniforms. Established i... | 78 | [Guess]: No
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231 | aramco.pdf | Global Environment Centre Planet The Global Environment Centre is a Malaysian non-profit organization established to address key environmental issues. The funding will enable support for community-based mangrove conservation and rehabilitation in two areas in Pengerang, Johor: Tanjung Surat Island and Johor Rive... | 78 | [Guess]: No
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232 | aramco.pdf | Europe In Europe, Aramco supported eight non-profit organizations across Spain, the Netherlands and the U.K. Americas In the Americas, Aramco supported 13 non-profit organizations, including national and regional/state charities, in environmental, STEM and social projects. Houston Food Bank People The Houston Food ... | 79 | [Guess]: No
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233 | aramco.pdf | King Abdulaziz Center for World Culture (ithra) In 2022, our largest social investment was ithra, Saudi Arabia’s leading destination for cross- cultural experiences. Since opening in Dhahran in 2018, ithra has been a catalyst for cultivating innovation, developing talent, expanding human potential and empowering c... | 80 | [Guess]: No
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234 | aramco.pdf | Aramco’s matched giving program enabled these donations to be doubled; thus $3.4 million/SAR 12.6 million in 2022 and $3.2 million/SAR 12 million in 2021 being donated by Aramco. There were 18,500 participants in this program with 41,000 beneficiaries. Volunteering days Along with engaging with our communities vi... | 80 | [Guess]: No
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235 | aramco.pdf | Going forward, the plan is to increase our volunteering initiatives across a range of social and environmental projects. AFAC Autism Center A supportive community center for children aged 3 to 16 on the autism spectrum and their families. Al-Madina Association for Autism (Tamakkon) A facility that provides diagno... | 80 | [Guess]: No
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236 | aramco.pdf | The Company has provided support to a number of specialist organizations and treatment centers, including: Aramco supported events delivering 168,590 volunteer hours* * Metric reported for the first time externally. 1. As we progress on our reporting journey and our controls around ESG data mature, for this metri... | 80 | [Guess]: No
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237 | aramco.pdf | Economic contribution Aramco’s value to local economies With our operations in more than 30 countries and activities throughout the value chain, Aramco creates value and makes significant positive economic contributions, wherever we operate. Beyond our $30 billion iktva spend, $370 million global social investment... | 81 | [Guess]: No
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238 | aramco.pdf | as well as help us focus on new energies (hydrogen, renewables, etc.) Revenue $535 (2021: $359 billion) Net income $161 (2021: $110 billion) R&D spend $1.2 (2021: $1 billion) Employee wages $15 (2021: $14 billion) Social investments* $370 (million) Payments to governments1 $226 (2021: $149 billion) Dividends2 $79 ... | 81 | [Guess]: No
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239 | aramco.pdf | Aramco Sustainability Report 2022 82 | 82 | [Guess]: No
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240 | aramco.pdf | Material topics Relevant UN SDGs Corporate governance Board composition by average age Board composition by average tenure Board members’ average attendance* (%) Number of independent Board members* Board diversity* (number of females on the Board) Ethics, anti-bribery and anti-corruption (compliance) Number of all... | 83 | [Guess]: No
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241 | aramco.pdf | Governance Learn more about our corporate governance structure. Scan here * Metric reported for the first time externally in our Sustainability Report. 8383 | 83 | [Guess]: No
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242 | aramco.pdf | 2022 2021 2020 Board composition by average age 63 62 61 Board composition by average tenure 6 5 5.6 Board members’ average attendance* (%) 100 97 98 Number of independent Board members* 5 5 5 Board diversity* (number of females on the Board) 1 1 1 Our Board and senior executives Our Board members and senior exec... | 84 | [Guess]: No
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243 | aramco.pdf | The variable remuneration is market-aligned and subject to the fulfillment of predefined performance goals. Performance goals include sustainability metrics, such as GHG emissions intensity, flaring and safety. Two variable pay plans are used: (i) Short-Term Incentive Plan (STIP) — an annual cash-based plan des... | 84 | [Guess]: No
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244 | aramco.pdf | This includes advising on the Company’s response to climate change. This Committee meets quarterly to review the HSE performance (including health and safety incidents). Our sustainability governance Board Sustainability, Risk and HSE Committee Sustainability Steering Committee Management Committee Strategy Coun... | 84 | [Guess]: No
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245 | aramco.pdf | Corporate committees Overall accountability for sustainability within Aramco lies with the chief executive officer, the Management Committee and the Strategy Council. They are supported by the Health, Safety, Security and Environment Committee (HSSE) and the Sustainability Steering Committee (SSC). The Company’s H... | 85 | [Guess]: No
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246 | aramco.pdf | The outcome of these reviews are then presented and endorsed by the Management Committee prior to the final review by the Board. Ethics and compliance Aramco maintains a zero tolerance policy for unethical behavior and conduct. Aramco expects its employees, and any party it does business with, to adhere to the pr... | 85 | [Guess]: No
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247 | aramco.pdf | It includes, but is not limited to, procedures for third-party due diligence, gifts, meals, entertainment, and travel. An anonymous 24-hour hotline, the General Auditor Hotline is open to employees, suppliers, and all stakeholders to report any suspected misconduct, including allegations related to bribery or co... | 85 | [Guess]: No
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248 | aramco.pdf | 2022 2021 2020 Number of allegations received through the 24-hour hotline 655 539 619 The number of allegations received from Aramco employees increased during the year, whereas allegations from anonymous sources has decreased significantly, especially when compared to prior years. We believe this indicates t... | 85 | [Guess]: No
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249 | aramco.pdf | Data The following table presents Aramco’s sustainability metrics for the years 2022, 2021, and 2020. Reporting boundaries for each metric and for each year are shown for transparency, and where possible, comparability. There are three common terms used in reference to the metrics’ reporting boundaries and the defi... | 86 | [Guess]: No
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250 | aramco.pdf | Our metrics Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Climate change and the energy transition Climate change Scope 1 emissions (million metric tonnes of CO2e) 55.71,2 Operational control excluding ATC, ASC, AOC and ... | 87 | [Guess]: Yes
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251 | aramco.pdf | AOC and SAAC Climate change Scope 2 emissions (million metric tonnes of CO2e) Market-based*4 10.31,2 Operational control excluding ATC, ASC, AOC and SAAC Metric not disclosed previously Climate change Upstream carbon intensity5 (ratio of total upstream GHG emissions (Scopes 1 and 2) to production mark... | 87 | [Guess]: No
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252 | aramco.pdf | 1. This figure has undergone external limited assurance in accordance to the ISAE 3000 (revised). The assurance report can be found online here. 2. The Jazan Refinery (our downstream refinery) is excluded from our GHG reporting. In 2022, it remains in the startup and stabilization phase and is not fully operational.... | 87 | [Guess]: No
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253 | aramco.pdf | 6. The methodology of this metric is the same as previous years and no change in figures. However, the term ‘production sold’ has been renamed to ‘production marketed’ to align with our reporting to the OGCI Reporting Framework (Version 3.6, March 2022). 8787 | 87 | [Guess]: No
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[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
254 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Climate change and the energy transition Climate change Flaring intensity2 (volume of hydrocarbon gas flared per barrel of oil equivalent produced, scf/boe) 4.601,3 Operation... | 88 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: Yes
[Confidence]: 0.8 |
255 | aramco.pdf | 000/total work hours) 0.0141 Operational control 0.017 Operational control 0.011 Company in-Kingdom Workforce Protection Total recordable case frequency (total recordable incidents x 200,000/total work hours) 0.050 Operational control 0.054 Operational control 0.044 Company in-Kingdom Workforce protection... | 88 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
256 | aramco.pdf | 1. This figure has undergone external limited assurance in accordance to the ISAE 3000 (revised). The assurance report can be found online here. 2. For this metric, the reporting boundary has been reclassified from operational control excluding ATC, ASC, AOC and SAAC to operational control for 2022, 2021 and 2020. T... | 88 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
257 | aramco.pdf | The 2021 and 2020 figures are at a Company in-Kingdom level only. In 2022, at a Company in-Kingdom level, the energy intensity was 112.9 thousand Btu/boe. Aramco Sustainability Report 2022 88 Our metrics | 88 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
258 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Safe operations and people development Human rights Number of grievances raised* 293 Company in-Kingdom 236 Company in-Kingdom 297 Company in-Kingdom Human rights Sites with... | 89 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
259 | aramco.pdf | 400 Company in-Kingdom Labor practices Female (%) of total employees 6.4 Company in-Kingdom 5.61 Company in-Kingdom 5.11 Company in-Kingdom Labor practices Number of female employees in leadership positions* 176 Company in-Kingdom 136 Company in-Kingdom 110 Company in-Kingdom Labor practices Female (%) of ... | 89 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 |
260 | aramco.pdf | 365 Company in-Kingdom Labor practices Employees receiving regular performance reviews (%) 90.6 Company in-Kingdom 96.8 Company in-Kingdom 98.4 Company in-Kingdom Labor practices Employee engagement score* (%) 85% Company in-Kingdom N/A as this survey is done every two years 85% Company in-Kingdom Labor ... | 89 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 |
261 | aramco.pdf | 0 Company in-Kingdom 12.8 Company in-Kingdom 12.1 Company in-Kingdom Labor practices Average hours of training and development* (per employee) 183 Company in-Kingdom 188 Company in-Kingdom 176 Company in-Kingdom * Metric reported for the first time externally. 1. This figure has undergone external limited... | 89 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
262 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Minimizing environmental impact Local environmental impact Number of hydrocarbon spills Total number of accidental release events of liquid petroleum hydrocarbon into th... | 90 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: Yes
[Confidence]: 0.8 |
263 | aramco.pdf | 41 Operational control 30.7 Operational control 20.2 Operational control Local environmental impact SO2 emissions3,4 Quantity of sulfur dioxide (SO2) (kilotonnes) 1671 Operational control 141 Operational control 163 Operational control Local environmental impact Number of sites with ISO 14001 c... | 90 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
264 | aramco.pdf | In 2022, it remains in the startup and stabilization phase and is not fully operational. Aramco is working to stabilize the refinery’s operations and complete all necessary reporting configurations before the end of 2023. Reporting on the refinery’s environmental and sustainability elements will commence immediately ... | 90 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
265 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Minimizing environmental impact Biodiversity Net positive impact* (total biodiversity areas (km2)/Footprint area (km2) x 100) (%) 531 Operational control Metric not disclosed pr... | 91 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
266 | aramco.pdf | 6 Operational control excluding ATC, ASC, AOC and SAAC 137.3 Operational control excluding ATC, ASC, AOC and SAAC 142.9 Operational control excluding ATC, ASC, AOC and SAAC Product stewardship and waste management Industrial waste generated2 The total amount of industrial waste, hazardous and non-... | 91 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
267 | aramco.pdf | The assurance report can be found online here. 2. As we progress on our reporting journey and our controls around ESG data mature, for this metric, we have expanded the reporting boundary beyond just Company In-Kingdom. To allow comparability, we have restated the 2021 and 2020 figures in line with the expanded repo... | 91 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
268 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Growing societal value Labor practices Number of people on Aramco sponsored programs*1 12,160 Company in-Kingdom 9,010 Company in-Kingdom 737 Company in-Kingdom National con... | 92 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
269 | aramco.pdf | 2 Company in-Kingdom 56.6 Company in-Kingdom 51.0 Company in-Kingdom National content iktva procurement spend within the Kingdom (%) 63.0 Company in-Kingdom 59.0 Company in-Kingdom 57.5 Company in-Kingdom Human rights % of active suppliers signed up to Aramco’s Supplier Code of Conduct* 100% Company in-Ki... | 92 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
270 | aramco.pdf | 284 Company in-Kingdom 52,408 Company in-Kingdom Economic contribution Direct economic value generated and distributed2: Group Group Group – Revenue ($ million) 535,188 359,181 204,829 – Other income related to sales ($ million) 69,178 41,287 25,062 * Metric reported for the first time externally. 1. These... | 92 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
271 | aramco.pdf | Material topic Metric definition (unit of measure) 2022 actual 2022 boundaries 2021 actual 2021 boundaries 2020 actual 2020 boundaries Growing societal value Economic contribution – Operating costs ($ million) 299,279 194,624 127,662 – Employee wages and benefits ($ million) 14,665 14,066 13,670 – Dividends pa... | 93 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
272 | aramco.pdf | 6 Group Corporate governance Board members’ average attendance* (%) 100 Group 97 Group 98 Group Corporate governance Number of independent Board members* 5 Group 5 Group 5 Group Corporate governance Board diversity* (number of females on the Board) 1 Group 1 Group 1 Group Ethics, anti-bribery and anti- corrup... | 93 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 |
273 | aramco.pdf | Currencies Currency conversion All financial amounts in SAR and USD in this Report are reported in line with the exchange rates reported in Saudi Aramco’s 2022 Annual Report. SAR/Saudi Riyal Saudi Arabian riyal, the lawful currency of the Kingdom $/USD/US$/Dollar US dollar Units of measurement Barrel (bbl) Barre... | 94 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0
| [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 |
274 | aramco.pdf | Aramco Namaat Aramco’s industrial investment program. ARLANXEO ARLANXEO Holding B.V., a wholly-owned specialty chemicals subsidiary. ATC Aramco Trading Company, a wholly-owned subsidiary of Aramco. Carbon credit A carbon credit is a tradable instrument that represents either; a permit to emit one tonne of CO2 or equ... | 94 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
275 | aramco.pdf | Carbon capture, and storage (CCS) A set of technologies that can reduce CO2 emissions from new and existing coal- and gas-fired power plants, industrial processes, and other stationary sources of CO2. It is a three- step process that includes capture of CO2 from power plants or industrial sources; transport of the c... | 94 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
276 | aramco.pdf | Carbon intensity A measure of greenhouse gas emissions in carbon dioxide (CO2) equivalent per barrel of oil equivalent. Carbon markets Two types of carbon market exist: (1) Regulatory compliance markets — used by companies and governments that by law have to account for their GHG emissions. It is regulated by mand... | 95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
277 | aramco.pdf | Climate Usually defined as the “average weather,” or more rigorously, in terms of the mean and variability of relevant quantities over a period of time ranging from months to thousands of years. Climate change Any significant change in the measures of climate lasting for an extended period of time. Climate change i... | 95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
278 | aramco.pdf | Decarbonization The process of reducing CO2 (GHG) emissions from the company’s operations. Direct Air Capture (DAC) Technologies and processes that extract CO2 directly from the atmosphere. The CO2 can be permanently stored in geological formations or used as a feedstock in the production of fuels, chemicals, build... | 95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
279 | aramco.pdf | Energy transition A significant structural change in an energy system. Environment The natural world, as a whole or in a particular geographical area, especially as affected by human activity. ESG Environmental, social and governance. Flaring intensity Volume of gas flared per barrel of oil equivalent produced (scf/b... | 95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
280 | aramco.pdf | G20 Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). GDP Gross domestic product. The broadest quantitative measure of a nation’s total economic activity, representing the monetary value of all goods and services produced within a nation’s geographic borders over a s... | 96 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 |
281 | aramco.pdf | Government The Government of the Kingdom of Saudi Arabia (and “Governmental” shall be interpreted accordingly). Greenhouse gas (GHG) emissions Any gaseous compound in the atmosphere that is capable of absorbing infrared radiation. Generally, consists of water vapor, CO2, methane, nitrous oxide, hydrofluorocarbons,... | 96 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: Yes
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
282 | aramco.pdf | HSSE Health, Safety, Security and Environment. Hydrocarbons Substances containing only hydrogen and carbon. Fossil fuels are made up of hydrocarbons. Hydrocarbons law Law governing hydrocarbons, hydrocarbon resources, and hydrocarbon operations existing within the territory of the Kingdom, enacted by Royal Decree N... | 96 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
283 | aramco.pdf | IPIECA International Petroleum Industry Environmental Conservation Association. IPO The initial public offering. ISO International Organization for Standardization. Joint venture/JV The term joint venture, as defined by IFRS, means a type of joint arrangement whereby the parties that have joint control of the arrang... | 96 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
284 | aramco.pdf | Methane (CH4) A hydrocarbon that is a greenhouse gas with a global warming potential most recently estimated at 25 times that of carbon dioxide (CO2). Methane is produced through anaerobic decomposition of waste in landfills, animal digestion, decomposition of animal wastes, production and distribution of natural ... | 97 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
285 | aramco.pdf | For purposes of production, ethane is reported separately and excluded from NGL. Nitrogen oxides (NOx) Gases consisting of one molecule of nitrogen and varying numbers of oxygen molecules. Nitrogen oxides are produced in the emissions of vehicle exhausts and from power stations. In the atmosphere, nitrogen oxides c... | 97 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
286 | aramco.pdf | Production costs The sum of operating costs and depreciation, reflecting both the erosion of asset value over time on an accounting basis and the cost of operating the business. R&D Research and development. Reserves Those quantities of liquids and gas, which by analysis of geoscience and engineering data, can be es... | 97 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.9 |
287 | aramco.pdf | A score of less than 100% indicates there were issues that negatively impacted reliability. SABIC Saudi Basic Industries Corporation. SASREF Saudi Aramco Jubail Refinery Company, a subsidiary of Aramco, formerly known as Saudi Aramco Shell Refinery Company. Saudi Aramco/Aramco Saudi Arabian Oil Company, together wi... | 97 | [Guess]: Yes
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
288 | aramco.pdf | Scope 3 GHG emissions All indirect emissions (not included in Scope 2) that occur in the value chain, including both upstream and downstream emissions. Senior executives/Management Committee The members of the senior management of Aramco holding the title of president (CEO) or senior vice president. Senior manageme... | 98 | [Guess]: No
[Confidence]: 1.0
| [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.95 |
289 | aramco.pdf | SME Small- and medium-enterprise SOCPA Saudi Organization for Chartered and Professional Accountants. S-Oil S-Oil Corporation. SSC Sustainability Steering Committee. Subsidiaries Except with respect to financial information, the term subsidiaries means the companies that Aramco controls through its ability to influ... | 98 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.00 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 |
290 | aramco.pdf | UN SDGs United Nations Sustainable Development Goals. U.S./United States/USA United States of America. Zero carbon Applies only to energy sources, processes, products, projects, etc., that emit zero GHG emissions. Aramco Sustainability Report 2022 98 Abbreviations, terms and glossary | 98 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9
| [Guess]: No
[Confidence]: 0.9 |
291 | aramco.pdf | This Sustainability Report (the “Report”) may contain certain forward-looking statements with respect to Aramco’s financial position, results of operations and business and certain of Aramco’s plans, intentions, expectations, assumptions, goals and beliefs regarding such items. These statements include all matters... | 99 | [Guess]: No
[Confidence]: 0.95
| [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: Yes
[Confidence]: 0.8 | [Guess]: No
[Confidence]: 0.9 |
292 | aramco.pdf | Our ability to reach our goals, including our goals related to ESG and minimizing our environmental impact, safe operations and people development and growing societal value within the Kingdom could be affected by factors including, but not limited to: the inability to successfully meet the targets set forth in th... | 99 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
293 | aramco.pdf | weather conditions; political and social instability and unrest and actual or potential armed conflicts; managing Aramco’s growth; risks in connection with projects under development and recent and future acquisitions and joint ventures, including with respect to SABIC; managing Aramco’s subsidiaries, joint opera... | 99 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
294 | aramco.pdf | Except where noted, the information covered in this Report highlights the company’s performance and initiatives in fiscal year 2022. The inclusion of information in this Report should not be construed as a characterization regarding the materiality or financial impact of that information. Sections of this Report h... | 99 | [Guess]: No
[Confidence]: 0.95
| [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 |
295 | aramco.pdf | Aramco Sustainability Report 2022 100 | 100 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
296 | aramco.pdf | This document should be read together with Aramco’s public reporting, including our Annual Report, our website and our policies. Contact us We hope you find this Report engaging and informative, and we continue to welcome your input and views: We are also active on the below social media platforms, so please foll... | 101 | [Guess]: No
[Confidence]: 0.95 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
297 | aramco.pdf | aramco.com | 102 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
0 | audi.pdf | Combined Annual and Sustainability Report 2024 | 1 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 | [Guess]: No
[Confidence]: 0.9 |
1 | audi.pdf | FinanceStrategy & Company ESG Appendix 2 Audi Report 2024 Cover: AUDI AG | Photo: AUDI AG Our 2024 annual and sustainability report is being published at a time when Germany and Europe are viewing their international competitiveness with a degree of apprehension. As an economic driver and one of the largest employer... | 2 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 1.0 | [Guess]: No
[Confidence]: 0.95
| [Guess]: No
[Confidence]: 0.9 |
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