Kuwait Petroleum Corporation (KPC), commonly referred to as Kuwait Petroleum, is a leading player in the heavy fuel oil industry, headquartered in Kuwait City, KW. Established in 1934, KPC has grown to become a pivotal entity in the global energy sector, focusing on the exploration, production, and distribution of oil and gas products.
With operations spanning the Middle East and beyond, Kuwait Petroleum is renowned for its high-quality heavy fuel oil, which is distinguished by its efficiency and reliability. The company has achieved significant milestones, including advancements in sustainable practices and technology, positioning itself as a market leader. KPC's commitment to innovation and excellence has solidified its reputation, making it a trusted name in the energy landscape.
-1 vs industry average
Kuwait Petroleum’s score of 16 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Heavy Fuel Oil has above-average carbon intensity
Industry performance
The Heavy Fuel Oil industry has reduced its overall emissions by 45% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Kuwait Petroleum's reported carbon emissions
Kuwait Petroleum Corporation (KPC), headquartered in Kuwait, a significant player in the heavy fuel oil industry, reported approximately 25.8 billion kg CO2e in Scope 1 and 2 emissions for 2023. This figure comprises about 20.7 billion kg CO2e from Scope 1 emissions and approximately 5.1 billion kg CO2e from Scope 2 emissions. For 2024, KPC reported significantly lower Scope 1 and 2 emissions, totalling approximately 29.2 million kg CO2e, with Scope 1 at about 23.2 million kg CO2e and Scope 2 at approximately 6.0 million kg CO2e. In 2021, KPC's Scope 1 and 2 emissions were around 21.5 billion kg CO2e, broken down into approximately 15.6 billion kg CO2e for Scope 1 and about 5.9 billion kg CO2e for Scope 2. Prior to this, in 2019, the company's combined Scope 1 and 2 emissions stood at approximately 18.2 billion kg CO2e, with Scope 1 contributing about 14.2 billion kg CO2e and Scope 2 accounting for approximately 4.0 billion kg CO2e. KPC's sustainability reporting indicates a focus on Scope 1 and 2 emissions, with Scope 3 data, such as purchased goods and services, noted as missing. The organisation does not currently have stated reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. Its emissions data is presented as originating from Kuwait Petroleum Corporation.
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Kuwait Petroleum’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Kuwait Petroleum yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Kuwait Petroleum
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