Kuwait Petroleum Sustainability Profile
Kuwait Petroleum Corporation (KPC), commonly referred to as Kuwait Petroleum, is a state-owned entity headquartered in Kuwait City, KW. Established in 1934, KPC has grown to become a leading player in the global oil and gas industry, with significant operations across the Middle East and beyond. The corporation is primarily engaged in the exploration, production, refining, and distribution of petroleum products, making it a cornerstone of Kuwait's economy. KPC's core offerings include crude oil, natural gas, and a range of refined products, distinguished by their high quality and adherence to international standards. The company has achieved notable milestones, including advancements in sustainable practices and technological innovations in oil extraction. With a strong market position, Kuwait Petroleum continues to be recognised for its commitment to excellence and its pivotal role in the energy sector.
DitchCarbon Score
How does Kuwait Petroleum'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 Heavy Fuel Oil 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 Petroleum's score of 3 is lower than 71% 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 Petroleum's reported carbon emissions
In 2023, Kuwait Petroleum Corporation (KPC) reported total carbon emissions of approximately 20,717,600,000 kg CO2e from Scope 1 and 5,127,700,000 kg CO2e from Scope 2, resulting in a combined total of about 25,845,300,000 kg CO2e. The emissions from Scope 1 include process emissions of about 1,793,200,000 kg CO2e, fugitive emissions of approximately 168,000,000 kg CO2e, and stationary combustion emissions of about 12,885,500,000 kg CO2e. KPC has made significant strides in reducing greenhouse gas (GHG) intensity, achieving a 20.9% reduction compared to a 2012-2013 baseline by 2016, specifically targeting Scope 1 emissions. This commitment reflects KPC's ongoing efforts to enhance sustainability and mitigate climate impact. As of now, KPC has not disclosed any Scope 3 emissions data, nor have they set Science-Based Targets Initiative (SBTi) reduction targets. The emissions data is not cascaded from any parent organization, indicating that KPC's reporting is independent. Kuwait Petroleum's climate commitments and reduction initiatives demonstrate a proactive approach to addressing climate change within the oil and gas sector.
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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 | - | - | - |
How Carbon Intensive is Kuwait Petroleum's Industry?
How Carbon Intensive is Kuwait Petroleum's Location?
Kuwait Petroleum'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.
Kuwait Petroleum 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.
