Industries Qatar Qpsc
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 25 is higher than 70% 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 2021, Industries Qatar QPSC reported total carbon emissions of approximately 9,018,000,000 kg CO2e. The company has not disclosed specific data for Scope 1, Scope 2, or Scope 3 emissions, but it has indicated a commitment to reducing greenhouse gas emissions through various initiatives. Notably, QAFCO, a subsidiary of Industries Qatar, achieved a significant milestone by reducing gas vented or flared by 17% in 2021. The company has set long-term climate commitments targeting net-zero emissions for both Scope 1 and Scope 2 by 2050, with a focus on enhancing the environmental sustainability of its processes and products. The GHG intensity ratio for 2021 was reported at about 1,010 kg CO2e per metric tonne of production, reflecting the company's ongoing efforts to monitor and manage its carbon footprint. As Industries Qatar continues to develop its climate strategies, it remains dedicated to mitigating its environmental impact and contributing to global sustainability goals.
Industry emissions intensity
Location emissions intensity
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.
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.
