Equate Petrochemical Company KSCC, a leading player in the petrochemical industry, is headquartered in Kuwait (KW) and operates extensively across the Middle East and beyond. Founded in 1995, Equate has established itself as a key manufacturer of high-quality petrochemical products, including ethylene, polyethylene, and other derivatives, which are essential for various industrial applications.
With a commitment to innovation and sustainability, Equate has achieved significant milestones, including the successful launch of advanced production technologies. The company is renowned for its unique approach to product development, ensuring that its offerings meet the highest international standards. As a joint venture involving prominent partners, Equate holds a strong market position, recognised for its operational excellence and contributions to the regional economy.
-24 vs industry average
Equate Petrochemical Company Kscc’s score of 5 is lower than 18% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Equate Petrochemical Company Kscc's reported carbon emissions
In 2023, Equate Petrochemical Company Kscc reported total carbon emissions of approximately 3.5 billion kg CO2e, comprising 2.4 billion kg CO2e from Scope 1 and 1.1 billion kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by 32% by 2030, using a 2019 baseline. Additionally, Equate is committed to reducing its Scope 1 and Scope 2 emissions to near zero by 2025. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Equate's initiatives reflect a proactive approach to addressing climate change, aligning with industry standards for sustainability and emissions reduction.
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Equate Petrochemical Company Kscc’s Climate Goals (2030 & 2050)
4 goals2030
32% reduction in Scope 2
Reduce our absolute scope 1 and scope 2 as well as emission intensity by 32 percent by 2030, compared with the 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Equate Petrochemical Company Kscc
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