Kuwait Petroleum
Kuwait Petroleum Corporation (KPC), commonly referred to as Kuwait Petroleum, is a state-owned entity headquartered in Kuwait City, KW. Established in 1934, KPC has grown to become a leading player in the global oil and gas industry, with significant operations across the Middle East and beyond. The corporation is primarily engaged in the exploration, production, refining, and distribution of petroleum products, making it a cornerstone of Kuwait's economy. KPC's core offerings include crude oil, natural gas, and a range of refined products, distinguished by their high quality and adherence to international standards. The company has achieved notable milestones, including advancements in sustainable practices and technological innovations in oil extraction. With a strong market position, Kuwait Petroleum continues to be recognised for its commitment to excellence and its pivotal role in the energy sector.
DitchCarbon Score
How does Kuwait Petroleum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Heavy Fuel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kuwait Petroleum's score of 0 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kuwait Petroleum's reported carbon emissions
In 2023, Kuwait Petroleum Corporation (KPC) reported total carbon emissions of approximately 25,845,300,000 kg CO2e, comprising 20,717,600,000 kg CO2e from Scope 1 emissions and 5,127,700,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions include process emissions of about 1,793,200,000 kg CO2e, fugitive emissions of approximately 168,000,000 kg CO2e, and stationary combustion emissions of around 12,885,500,000 kg CO2e. KPC's emissions data shows a significant increase from 2021, when total emissions were approximately 21,490,443,000 kg CO2e, with Scope 1 emissions at about 15,585,426,200 kg CO2e and Scope 2 emissions at around 5,905,016,800 kg CO2e. In 2019, the total emissions were approximately 18,196,886,000 kg CO2e, indicating a trend of increasing emissions over the years. Currently, KPC has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not disclose any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Kuwait Petroleum's emissions data is not cascaded from any parent organization, and all reported figures are directly from KPC. The corporation continues to operate within the context of the global oil and gas industry, which faces increasing scrutiny regarding carbon emissions and climate commitments.
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| 2019 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | 14,237,712,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,959,174,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kuwait Petroleum is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
