Saudi oil giant Aramco has blocked emissions generated from many of the refineries and petrochemical plants in its total carbon disclosures to investors, Bloomberg News reported Thursday, based on a review of public filtration.
The self-reported carbon footprint of the world’s largest oil company could nearly double, adding up to 55 million metric tons of carbon dioxide equivalent to the annual sum has, if those resources are included, according to the report.
Much of what has been left out is because Aramco chooses to report data from wholly owned and out-of-state facilities, Bloomberg News reported, although many their refiners are joint ventures or stationed abroad. (https://bloom.bg/2Mevios)
Aramco said in a statement that it uses globally accepted guidelines to report the data and that there is “a clear and deliberate approach to increasing the scope and detail of this publication. . “
The company said it would publish direct and indirect greenhouse gas emissions for 2020 this year from wholly owned real estate in the country and worldwide, subject to certification by a third party.
Aramco’s 2019 emissions would have been between 75 million tons and 113 million tons if required emissions were included, according to Bloomberg News calculations based on data from a Climate Change study published last year.
Leading oil company Exxon Mobil Corp., under growing pressure from investors and climate change campaigners, said in December that it planned to reduce its greenhouse gas emissions over the next five years. .