MATERIALITY

The six material topics covered in the 2024 report are: resource efficiency; climate change and energy; innovation and sustainability solutions; circular economy; governance and integrity; and environment, health, safety, and security. These six areas are aligned with 10 of the 17 UN Sustainable Development Goals (SDGs) where we believe our business can have the greatest impact. 

Over the past 13 years, our sustainability reporting was prepared in accordance with internally developed criteria, inspired by recognized frameworks including those established by the Greenhouse Gas (GHG) Protocol, Occupational Safety and Health Administration (OSHA), and the Global Reporting Initiative (GRI). Rapidly evolving regulatory requirements are ushering in a new era in sustainability reporting. A double materiality assessment, which considers both financial and impact materiality, as well as a stakeholder analysis, is currently being conducted to evaluate the impacts, risks, and opportunities that will form the basis of our European holding company reporting under the EU Corporate Sustainability Reporting Directive (CSRD). 

KEY NON-FINANCIAL TARGETS

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2024 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}