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 90% 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 slight increase from 2021, where total emissions were about 3,800,000,000 kg CO2e, with similar contributions from Scope 1 and Scope 2. Historically, Equate's emissions peaked in 2011 at about 5,371,006,000 kg CO2e from Scope 1 alone. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Equate is aware of its emissions, it may not have formalised strategies in place to achieve specific climate goals. Equate's emissions profile indicates a reliance on fossil fuels, typical of the petrochemical industry, which faces increasing pressure to transition towards more sustainable practices. The company’s ongoing efforts to address climate change will be crucial as global standards for emissions reduction continue to evolve.
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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.
