PIC
PIC, or Petroleum Industries Company, is a leading player in the oil and gas sector, headquartered in Kuwait City, Kuwait. Established in 1960, PIC has made significant strides in the industry, focusing on petrochemicals, refining, and marketing. The company operates extensively across the Middle East and has expanded its reach to international markets. PIC is renowned for its innovative products, including high-quality petrochemical derivatives that cater to various industries. Its commitment to sustainability and technological advancement sets it apart from competitors. With a strong market position, PIC has achieved numerous accolades, reflecting its dedication to excellence and operational efficiency. As a key contributor to Kuwait's economy, PIC continues to shape the future of the petrochemical landscape.
DitchCarbon Score
How does PIC'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 Chemicals 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
PIC's score of 2 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PIC's reported carbon emissions
As of the latest available data, PIC has not reported any specific carbon emissions figures. However, the company has set ambitious reduction targets aimed at decreasing greenhouse gas (GHG) intensity. Notably, PIC achieved a 20.9% reduction in GHG intensity in Scope 1 emissions compared to a baseline established in the 2012-2013 period, with the target timeframe concluding in 2016. This commitment reflects PIC's dedication to sustainability and climate action. While no current emissions data is available, PIC's initiatives demonstrate a proactive approach to mitigating climate impact. The company has not inherited emissions data from any parent organization, indicating that its climate commitments are independently established. As PIC continues to develop its sustainability strategies, further transparency in emissions reporting will be essential for tracking progress and enhancing accountability in its climate commitments.
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.
PIC 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.
