Kipco
Kuwait Projects Company (Holding) K.S.C. (Kipco) is a leading investment company headquartered in Kuwait City, Kuwait. Established in 1975, Kipco has grown to become a prominent player in the financial services sector, with significant operations across the Middle East and North Africa. The company focuses on diverse industries, including financial services, real estate, and media, offering a unique portfolio of products and services that cater to various market needs. Kipco's strategic investments and innovative approach have positioned it as a market leader, with notable achievements in asset management and private equity. The company is recognised for its commitment to excellence and sustainable growth, making it a trusted partner in the region's economic development. With a rich history and a forward-thinking vision, Kipco continues to shape the investment landscape in the MENA region.
DitchCarbon Score
How does Kipco'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 Real Estate 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
Kipco's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kipco's reported carbon emissions
In 2023, Kipco reported total carbon emissions of approximately 1,745,370 kg CO2e. This figure includes 8,170 kg CO2e from Scope 1 emissions, 1,575,000 kg CO2e from Scope 2, and 162,200 kg CO2e from Scope 3 emissions. Notably, the company has made significant progress in reducing its overall emissions, achieving a reduction from approximately 2,942,260 kg CO2e in both 2021 and 2022 to the current figure. Kipco's emissions profile indicates a consistent focus on managing Scope 2 emissions, which have remained stable at around 1,575,000 kg CO2e in 2022 and 2023. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, Kipco's emissions intensity per employee stands at approximately 36,232 kg CO2e, reflecting the company's operational efficiency in relation to its carbon footprint. As Kipco continues to navigate its climate commitments, further transparency and defined targets could enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 57,270 | 00,000 | 0,000 | 0,000 |
| Scope 2 | 2,124,390 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 610,240 | 000,000 | 000,000 | 000,000 |
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.
Kipco 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.
