MARKAZ
MARKAZ, officially known as the Kuwait Financial Centre, is a leading investment company headquartered in Kuwait (KW). Established in 1974, MARKAZ has built a strong reputation in the financial services industry, focusing on asset management, investment banking, and real estate. With a diverse portfolio that spans the MENA region and beyond, the company has achieved significant milestones, including the launch of innovative investment products tailored to meet the evolving needs of its clients. MARKAZ distinguishes itself through its commitment to transparency and excellence, offering unique investment solutions that leverage local market insights. The company has consistently maintained a strong market position, recognised for its strategic investments and robust financial performance. As a trusted partner in the investment landscape, MARKAZ continues to drive growth and deliver value to its stakeholders.
DitchCarbon Score
How does MARKAZ'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
MARKAZ's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MARKAZ's reported carbon emissions
In 2023, MARKAZ reported total carbon emissions of approximately 861,700 kg CO2e, comprising 721,340 kg CO2e from Scope 2 and 140,360 kg CO2e from Scope 3 emissions. This marks a slight increase in Scope 2 emissions compared to 2022, where they were about 637,520 kg CO2e, while Scope 3 emissions decreased from approximately 169,210 kg CO2e in the previous year. Over the years, MARKAZ has shown a trend of reducing its overall emissions. In 2018, total emissions were about 1,652,700 kg CO2e, with Scope 2 emissions at 1,263,300 kg CO2e and Scope 3 emissions at 389,400 kg CO2e. By 2019, total emissions decreased to approximately 1,599,900 kg CO2e, indicating a commitment to reducing their carbon footprint. Despite these reductions, there are currently no specific reduction targets or climate pledges documented for MARKAZ. The company continues to monitor and report its emissions, reflecting an ongoing commitment to sustainability and climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | 1,263,300 | 0,000,000 | - | - | 000,000 | 000,000 |
| Scope 3 | 389,400 | 000,000 | 00,000 | 00,000 | 000,000 | 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.
MARKAZ is not committed to any reduction initiatives 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.
