Used as a catalyst in oxidation reactions, particularly in the selective oxidation of organic compounds such as alkanes, alkenes, and aromatic substrates. Exhibits high efficiency in mimicking cytochrome P450 enzyme activity, making it valuable in biomimetic catalysis. Applied in environmental chemistry for the degradation of pollutants and in synthetic organic chemistry for C–H bond activation. Also investigated for use in electrochemical systems and sensors due to its redox-active properties.