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 25 is lower than 92% 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. The company has not disclosed specific data regarding Scope 1, 2, or 3 emissions, but it has indicated a commitment to reducing greenhouse gas (GHG) emissions through various initiatives. Notably, in 2021, QAFCO, a subsidiary of Industries Qatar, achieved a significant milestone by reducing gas vented or flared by about 17%. This reduction is part of their long-term climate commitment, which aims for net-zero emissions by 2050, focusing on both Scope 1 and Scope 2 emissions. The company is actively seeking mitigation measures to enhance the environmental sustainability of its processes and products, reflecting a strong commitment to climate action and responsible environmental stewardship.
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 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.