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 2021, Kuwait Petroleum Corporation (KPC) reported total carbon emissions of approximately 21,490,443,000 kg CO2e, comprising 15,585,426,200 kg CO2e from Scope 1 emissions and 5,905,016,800 kg CO2e from Scope 2 emissions. This data reflects KPC's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2019, KPC's total emissions were about 18,196,886,000 kg CO2e, with Scope 1 emissions at 14,237,712,000 kg CO2e and Scope 2 emissions at 3,959,174,000 kg CO2e. This indicates an increase in emissions over the two-year period. Despite the lack of specific reduction targets or commitments, KPC's emissions data is significant within the context of the oil and gas industry, where companies are increasingly pressured to address climate change. The absence of cascaded data or specific climate pledges suggests that KPC may still be in the early stages of formalising its climate strategy.
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| 2019 | 2021 | |
|---|---|---|
| Scope 1 | 14,237,712,000 | 00,000,000,000 |
| Scope 2 | 3,959,174,000 | 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.
