Industries Qatar QPSC, commonly referred to as IQ, is a leading industrial conglomerate headquartered in Qatar. Established in 2003, the company has made significant strides in the petrochemical, fertiliser, and steel sectors, positioning itself as a key player in the Gulf region. With major operations across the Middle East, Industries Qatar focuses on producing high-quality products that cater to both local and international markets. The company’s core offerings include petrochemical products, fertilisers, and steel, all distinguished by their commitment to sustainability and innovation. Industries Qatar has achieved notable milestones, including substantial production capacity expansions and strategic partnerships that enhance its market presence. As a result, it has solidified its reputation as a reliable supplier in the industrial landscape, contributing significantly to Qatar's economic diversification efforts.
How does Industries Qatar Qpsc'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.
Mean score of companies in the Business Services 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.
Industries Qatar Qpsc's score of 20 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Industries Qatar QPSC reported total carbon emissions of approximately 9,018,000,000 kg CO2e. This figure reflects the company's significant impact on global greenhouse gas emissions, with a GHG intensity ratio of about 1,010 kg CO2e per metric tonne of production. While specific reduction targets or initiatives were not disclosed, the company is expected to align with industry standards for climate commitments. As of the latest data, there are no specified targets under the Science Based Targets initiative (SBTi) or other formal reduction commitments. Industries Qatar QPSC's emissions primarily fall under Scope 1 and 2, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. The absence of detailed reduction strategies highlights the need for enhanced transparency and commitment to climate action in the industrial sector.
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.
Industries Qatar Qpsc 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.