Saudi Arabian Oil Company (Aramco) — Ethics Grade F

Saudi Arabian Oil Company (Aramco) receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 15
• privacy: 50
• consumer: 40
• environment: 5
• humanRights: 10

Documented incidents (3)

• World's Largest Carbon Emitter (high, 2023) — Documented as the single largest corporate contributor to global carbon emissions since 1965, accounting for over 4% of total global greenhouse gases.
• Migrant Labor Exploitation (high, 2022) — Allegations regarding the treatment of migrant workers in the supply chain, including poor living conditions and restricted movement under the kafala system.
• Lack of Financial Transparency (medium, 2019) — Long-standing criticism regarding the state-owned company's financial opacity and the blurring of lines between corporate funds and the Saudi royal family's wealth.

Documented good deeds

• Investment in Carbon Capture — Announced a $1.5 billion sustainability fund to invest in carbon capture and hydrogen fuel technology.

Ethical alternatives

• Neste — Leader in renewable diesel and sustainable aviation fuel with strict ESG reporting.