Kuwait Petroleum Italia S.p.A.
Kuwait Petroleum Italia S.p.A., commonly referred to as KPI, is a prominent player in the energy sector, headquartered in Italy. Established in 1999, the company has made significant strides in the oil and gas industry, focusing on refining, distribution, and marketing of petroleum products across Europe. KPI operates primarily in Italy and has expanded its reach to various European markets, offering a diverse range of high-quality fuels and lubricants. The company is renowned for its commitment to sustainability and innovation, providing unique products that meet stringent environmental standards. With a strong market position, Kuwait Petroleum Italia has achieved notable milestones, including the development of advanced fuel technologies and a robust network of service stations. This dedication to excellence solidifies its reputation as a trusted name in the energy landscape.
DitchCarbon Score
How does Kuwait Petroleum Italia S.p.A.'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 Petroleum Italia S.p.A.'s score of 10 is lower than 50% 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 Italia S.p.A.'s reported carbon emissions
In 2022, Kuwait Petroleum Italia S.p.A. reported total carbon emissions of approximately 73,659,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes about 6,520,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 710,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Notably, the majority of emissions, around 73,659,000 kg CO2e, fall under Scope 3, which includes emissions from fuel and energy-related activities. Comparatively, in 2021, the company recorded total emissions of about 42,015,000 kg CO2e, with Scope 1 emissions at approximately 15,469,000 kg CO2e and Scope 2 emissions at about 9,985,000 kg CO2e. This indicates a significant increase in emissions from 2021 to 2022, particularly in Scope 3 emissions. Kuwait Petroleum Italia S.p.A. has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company operates as a current subsidiary of Kuwait Petroleum Corporation, and its emissions data is cascaded from the parent organisation. However, there are no specific science-based targets (SBTi) or other formal climate pledges reported at this time. Overall, while Kuwait Petroleum Italia S.p.A. has substantial emissions, the lack of defined reduction strategies highlights an area for potential improvement in their climate action efforts.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 15,469,000 | 0,000,000 |
| Scope 2 | 9,985,000 | 000,000 |
| Scope 3 | 42,015,000 | 00,000,000 |
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.
Kuwait Petroleum Italia S.p.A. 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.
