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 80% 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 figure represents a decrease from the previous year's emissions of about 75,361,000 kg CO2e in 2023. Over the past three years, emissions have shown a downward trend, with 2022 emissions recorded at approximately 82,747,000 kg CO2e and 2021 emissions significantly higher at about 9,018,000,000 kg CO2e. The company has not disclosed specific data for Scope 1, Scope 2, or Scope 3 emissions, indicating a lack of detailed emissions breakdown. However, it has set long-term climate commitments targeting net-zero emissions for both Scope 1 and Scope 2 by 2050. Notably, in 2021, Industries Qatar Q.P.S.C. achieved a 17% reduction in gas vented/flared, demonstrating its commitment to enhancing environmental sustainability. The emissions data is cascaded from the parent organization, Industries Qatar Q.P.S.C., and reflects the company's ongoing efforts to mitigate greenhouse gas emissions and improve its overall environmental impact. The company continues to explore various mitigation measures to further reduce its carbon footprint and enhance sustainability across its operations.
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.
