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Chemicals
KW
updated 20 days ago

Ikarus Petroleum Industries Company - KPS (Closed)

Company website

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.

4

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.

22

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.

4%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ikarus Petroleum Industries Company - KPS (Closed)'s primary industry is Chemicals nec, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ikarus Petroleum Industries Company - KPS (Closed) is in KW, which has a high grid carbon intensity relative to other regions.

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.

Ikarus Petroleum Industries Company - KPS (Closed) is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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