The State Oil Company of Azerbaijan (SOCAR) has received 50 out of 100 points in S&P Global's corporate sustainability ranking, outperforming 83% of companies in its industry group.
According to SOCAR, around 12,500 companies took part in the 2026 Corporate Sustainability Assessment (CSA).
As of 9 October, SOCAR's result was higher than 83% of companies assessed in the Oil & Gas Upstream & Integrated industry group, which brings together oil and gas exploration and production companies and integrated energy firms.
SOCAR noted that the result reflects the consistent implementation of its sustainability agenda and progress in integrating environmental, social and governance (ESG) principles into corporate governance and operations.
As part of the assessment, the company provided over 95% of the information requested by S&P Global across more than 1,000 indicators. This result demonstrates SOCAR's focus on sustainability disclosure and improving transparent reporting practices.
S&P Global assesses companies' sustainability performance based on industry-specific criteria. Results are determined on a scale from 0 to 100 points, after which participants' scores are compared with those of other companies in the relevant industry group.
