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Kuwait Oil Company Ltd.
Kuwait Oil Company Ltd. (KOC), headquartered in Kuwait City, is a leading player in the oil and gas industry, primarily focused on exploration, production, and refining. Established in 1934, KOC has played a pivotal role in shaping Kuwait's economy and has achieved significant milestones, including the discovery of major oil fields. Operating mainly in the Arabian Gulf region, KOC is renowned for its extensive portfolio of core services, which include crude oil production, natural gas extraction, and the development of oil fields. The company is distinguished by its commitment to innovation and sustainability, utilising advanced technologies to enhance operational efficiency. As a key contributor to Kuwait's oil output, KOC holds a prominent market position, consistently ranking among the top oil producers globally. Its dedication to excellence and environmental stewardship has earned KOC numerous accolades, solidifying its reputation as a leader in the energy sector.
DitchCarbon Score
How does Kuwait Oil Company Ltd.'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 Crude Oil Extraction 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
Kuwait Oil Company Ltd.'s score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kuwait Oil Company Ltd. (KOC), headquartered in Kuwait (KW), currently does not have publicly available carbon emissions data for the most recent year. As a current subsidiary, KOC's emissions data is cascaded from its parent organization, but specific figures are not disclosed. In terms of climate commitments, KOC has not outlined any specific reduction targets or initiatives, nor does it participate in recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of documented climate pledges or reduction strategies indicates a need for further development in their sustainability efforts. As the oil and gas industry faces increasing scrutiny regarding carbon emissions, KOC's lack of publicly available data and defined climate commitments may impact its reputation and operational sustainability in the long term.
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| 2019 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | 14,237,712,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,959,174,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - |
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.
Kuwait Oil Company Ltd. 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.
