Ikarus Petroleum Industries Company - KPS (Closed) Sustainability Profile
Ikarus Petroleum Industries Company, commonly referred to as KPS, is a prominent player in the petroleum industry, headquartered in Kuwait (KW). Established in the early 2000s, KPS has made significant strides in the oil and gas sector, focusing on refining, distribution, and marketing of petroleum products across the Middle East and beyond. The company is renowned for its high-quality lubricants and specialty chemicals, which are tailored to meet the diverse needs of various industries. KPS distinguishes itself through its commitment to innovation and sustainability, ensuring that its products not only perform exceptionally but also adhere to environmental standards. With a strong market presence, Ikarus Petroleum Industries has achieved notable milestones, solidifying its reputation as a trusted name in the petroleum landscape.
DitchCarbon Score
How does Ikarus Petroleum Industries Company - KPS (Closed)'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
Ikarus Petroleum Industries Company - KPS (Closed)'s score of 4 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ikarus Petroleum Industries Company - KPS (Closed)'s reported carbon emissions
Ikarus Petroleum Industries Company - KPS (Closed), headquartered in Kuwait (KW), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in the latest records. The company is classified as a current subsidiary of the National Industries Group Holding - KPSC, which may influence its climate-related initiatives and reporting. Despite the lack of direct emissions data, it is important to note that Ikarus Petroleum Industries Company - KPS (Closed) does not have documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This suggests that the company may not have established formal climate pledges or reduction strategies at this time. As a subsidiary, any climate commitments or emissions data may be influenced by the parent company's policies and practices. However, without specific information on emissions or reduction initiatives, it is challenging to assess the company's overall climate impact or commitments.
How Carbon Intensive is Ikarus Petroleum Industries Company - KPS (Closed)'s Industry?
How Carbon Intensive is Ikarus Petroleum Industries Company - KPS (Closed)'s Location?
Ikarus Petroleum Industries Company - KPS (Closed)'s Climate Goals (2030 & 2050)
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.
Ikarus Petroleum Industries Company - KPS (Closed) 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.
