Equate Petrochemical Company Kscc

Equate Petrochemical Company K.S.C.C., headquartered in Kuwait and operating in the Chemicals sector, reported Scope 1 emissions of 2.4 billion kg CO2e and Scope 2 emissions of 1.1 billion kg CO2e for 2023. In 2022, its Scope 1 emissions were approximately 2.3 billion kg CO2e and Scope 2 emissions were around 1.4 billion kg CO2e. For 2021, Scope 1 emissions were approximately 2.4 billion kg CO2e and Scope 2 emissions were about 1.3 billion kg CO2e.

Equate Petrochemical Company K.S.C.C. has set several climate commitments. It aims to reduce its Scope 1 emissions by 50% from a 2020 baseline by 2030 and its Scope 2 emissions by 50% from a 2020 baseline by 2030. Additionally, the company is working towards reducing its Scope 1 and Scope 2 emissions to near zero by 2025. It also has a target to reduce its absolute Scope 1 and Scope 2 emissions, as well as emission intensity, by 32% by 2030, compared with a 2019 baseline.