Boursa Kuwait, officially known as Boursa Kuwait Securities Company, is a leading financial institution headquartered in Kuwait City, KW. Established in 2014, it has rapidly evolved into a pivotal player in the Middle Eastern capital markets, facilitating the trading of securities and fostering investment opportunities across the region. Operating primarily within the financial services industry, Boursa Kuwait offers a diverse range of products and services, including equity trading, market indices, and investment services. Its unique position is underscored by its commitment to transparency and innovation, which has garnered it recognition as a key exchange in the Gulf Cooperation Council (GCC) region. With a focus on enhancing market infrastructure and investor engagement, Boursa Kuwait has achieved significant milestones, including the introduction of advanced trading technologies and the establishment of a robust regulatory framework, solidifying its status as a trusted marketplace for investors.
How does Boursa Kuwait'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.
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Boursa Kuwait's score of 50 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Boursa Kuwait reported total carbon emissions of approximately 697,435,580 kg CO2e, with Scope 1 emissions at about 3,548,520 kg CO2e, Scope 2 emissions at approximately 97,203,180 kg CO2e, and Scope 3 emissions reaching about 596,683,880 kg CO2e. The previous year, 2023, saw total emissions of around 209,917,050 kg CO2e, with Scope 1 at about 1,640,850 kg CO2e, Scope 2 at approximately 87,332,800 kg CO2e, and Scope 3 at about 120,943,400 kg CO2e. Boursa Kuwait has set ambitious climate commitments, aiming for net-zero emissions by 2050. Specifically, they plan to reduce Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, they have established a target to cut Scope 2 emissions by 50% from 2021 levels by 2030, reflecting a proactive approach to climate action. The emissions data is sourced directly from Boursa Kuwait Securities Company K.P.S.C., with no cascaded data from parent organizations. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 439,939,671 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,822,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 496,624,000 | 000,000,000 | 000,000,000 |
Boursa Kuwait's Scope 3 emissions, which increased by 393% last year and increased by approximately 20% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Boursa Kuwait has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
