Public Profile

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.

7

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.

2

Industry Benchmark

Kuwait Petroleum's score of 7 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Kuwait Petroleum's reported carbon emissions

In 2023, Kuwait Petroleum reported total carbon emissions of approximately 426,098,000 kg CO2e. This figure includes 14,245,000 kg CO2e from Scope 1 emissions, 7,576,000 kg CO2e from Scope 2 emissions, and a significant 426,345,000 kg CO2e from Scope 3 emissions. The company's emissions have shown a notable increase compared to previous years, with total emissions in 2022 being about 106,335,000 kg CO2e. Kuwait Petroleum has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction strategies suggests a need for further transparency regarding their approach to mitigating climate impact. The company operates within a challenging industry context, where carbon emissions are a critical concern, and the adoption of robust climate strategies is essential for sustainability.

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20162017201820192020202120222023
Scope 1
4,008,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
7,742,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
Scope 3
6,246,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kuwait Petroleum's primary industry is Heavy Fuel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kuwait Petroleum is headquartered in KW, which has a rank of high, indicating high grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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