Kuwait Projects Company Holding K.S.C.P., Asset Management Arm Sustainability Profile
Kuwait Projects Company Holding K.S.C.P. (KIPCO) is a leading investment and asset management firm headquartered in Kuwait (KW). Established in 1975, KIPCO has grown to become a prominent player in the Middle East and North Africa (MENA) region, focusing on diverse sectors such as financial services, real estate, and telecommunications. The company offers a unique portfolio of products and services, including private equity, real estate development, and asset management, distinguished by its strategic partnerships and innovative investment strategies. KIPCO's commitment to excellence has positioned it as a market leader, with notable achievements in expanding its regional footprint and enhancing shareholder value. With a strong emphasis on sustainable growth, KIPCO continues to shape the investment landscape in the MENA region.
DitchCarbon Score
How does Kuwait Projects Company Holding K.S.C.P., Asset Management Arm'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 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 Projects Company Holding K.S.C.P., Asset Management Arm's score of 18 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Kuwait Projects Company Holding K.S.C.P., Asset Management Arm, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Kuwait Projects Company Holding K.S.C.P., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, the Asset Management Arm is part of a broader corporate family that may have established climate initiatives. However, there are no documented reduction targets or climate pledges available at this time. The absence of specific initiatives or targets suggests that the Asset Management Arm is still in the early stages of developing its climate strategy. As a subsidiary, it may inherit climate-related commitments from its parent company, but no specific details regarding such commitments or targets have been provided. The organisation's approach to carbon emissions and climate action remains unclear, highlighting a potential area for future development and transparency in sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 00,000 | 000,000 |
How Carbon Intensive is Kuwait Projects Company Holding K.S.C.P., Asset Management Arm's Industry?
How Carbon Intensive is Kuwait Projects Company Holding K.S.C.P., Asset Management Arm's Location?
Kuwait Projects Company Holding K.S.C.P., Asset Management Arm's Scope 3 Categories Breakdown
Kuwait Projects Company Holding K.S.C.P., Asset Management Arm's Scope 3 emissions, which increased by 619% last year and decreased by approximately 20% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 24% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 12% of Scope 3 emissions.
Top Scope 3 Categories
Kuwait Projects Company Holding K.S.C.P., Asset Management Arm'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 Projects Company Holding K.S.C.P., Asset Management Arm 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.
