Industries Qatar Qpsc Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Industries Qatar Qpsc's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industries Qatar Qpsc's reported carbon emissions
In 2024, Industries Qatar Q.P.S.C. reported total carbon emissions of approximately 59,374,000 kg CO2e. This marks a significant decrease from 2023, where emissions were about 75,361,000 kg CO2e, and from 2022, which saw emissions of around 82,747,000 kg CO2e. The company has not disclosed specific data for Scope 1, Scope 2, or Scope 3 emissions. Industries Qatar's emissions data is cascaded from its parent company, with the latest figures reflecting a corporate family relationship. The company has set long-term climate commitments, aiming for net-zero emissions by 2050. Notably, in 2021, QAFCO, a subsidiary, achieved a 17% reduction in gas vented/flared, demonstrating a proactive approach to mitigating greenhouse gas emissions. The GHG emission intensity for 2023 was reported at about 160.0 tonnes CO2eq/m², with an employee intensity of approximately 49,000 tonnes CO2eq per employee. These figures indicate a focus on improving operational efficiency and reducing the carbon footprint associated with production and workforce. Overall, Industries Qatar Q.P.S.C. is actively working towards enhancing environmental sustainability through targeted reduction initiatives and long-term commitments to lower its carbon emissions.
How Carbon Intensive is Industries Qatar Qpsc's Industry?
How Carbon Intensive is Industries Qatar Qpsc's Location?
Industries Qatar Qpsc'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.
Industries Qatar Qpsc 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.
