BAKU, Azerbaijan, August 12. Approximately 1
million tons of CO₂ equivalent greenhouse gas emissions were
reduced across SOCAR’s operations in Azerbaijan.
This was announced in SOCAR's 2025 Sustainability Report.
According to the report, the decrease in emissions was achieved
primarily through the implementation of the Leak Detection and
Repair (LDAR) program at SOCAR’s Azneft Production Union.
Besides, in the reporting year, the company’s Decarbonization
Roadmap was approved. The document defines the areas for reducing
methane emissions, advancing electrification, deploying carbon
capture technologies, improving energy efficiency, and expanding
the use of renewable energy sources.
SOCAR also issued $200 million in Green Bonds to support the
financing of renewable energy projects.
The report noted that the share of procurement spending directed
to local suppliers in Azerbaijan increased from 82% to 88%.
The SOCAR Group’s social expenditure amounted to 412 million
manat ($242 million).
During the year, 11 employee development programs were
implemented, including the Leadership Academy, Energy Leaders, and
Young Talents programs.
In total, more than 525,000 training hours were provided to
employees during the reporting period. The employee engagement rate
stood at 84%, while the satisfaction rate was 78%.
