The state-owned Saudi Aramco is the world's third most valuable company, only behind the US tech firms Apple and Microsoft. It is also considered by some measures to be the biggest polluting company on the planet.
In a bold attempt to reverse the company's reputation for contributing to the climate emergency, Mr Nasser has announced an ambition for Aramco to become carbon-neutral within three decades.
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Watch: Saudi Arabian Oil Company pledges to be net-zero by 2050The president of Saudi Aramco (Saudi Arabian Oil Company) has announced that the one of the world’s largest earning companies will align itself with Saudi Arabia’s climate action promises.CEO Amin H. Nasser made the announcement during the Saudi Green initiative conference in the Kingdom’s capital, saying, “Saudi Aramco will achieve an ambition of being also net zero from our operation by 2050.“We understand that the road will be complex, the transition will have its challenges, but we are confident we can meet them and [have] accelerated our efforts towards a low emissions future.”Read more about the Saudi Green Initiative here.
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