Equate Petrochemical Company Kscc
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.
DitchCarbon Score
How does Equate Petrochemical Company Kscc'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 Chemicals 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
Equate Petrochemical Company Kscc's score of 9 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Equate Petrochemical Company Kscc's reported carbon emissions
Equate Petrochemical Company Kscc, headquartered in Kuwait (KW), reported significant carbon emissions in recent years. In 2022, the company emitted approximately 3,900,000,000 kg CO2e, comprising 2,600,000,000 kg CO2e from Scope 1 emissions and 1,300,000,000 kg CO2e from Scope 2 emissions. This reflects a consistent trend in their emissions reporting, with previous years showing similar figures. For instance, in 2021, their total emissions were about 3,800,000,000 kg CO2e, with 2,600,000,000 kg CO2e from Scope 1 and 1,200,000,000 kg CO2e from Scope 2. Despite these figures, Equate has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions data for Scopes 1 and 2 but has not provided information on Scope 3 emissions. Equate's emissions intensity has varied over the years, with a reported intensity of approximately 0.897 kg CO2e per unit of production in 2021. The company operates within the petrochemical industry, which is under increasing scrutiny for its environmental impact, highlighting the importance of transparency and commitment to sustainability in their operations.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,371,006,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | - | - | - | - |
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.
Equate Petrochemical Company Kscc 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.
