PIC Sustainability Profile
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 5 is lower than 91% 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 reporting, PIC has not disclosed any carbon emissions data, including specific figures for Scope 1, Scope 2, or Scope 3 emissions. Consequently, there are no available totals or reduction targets to highlight. In the absence of emissions data, it is important to note that PIC has not outlined any specific climate commitments or reduction initiatives. This lack of information suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy or reporting framework. Given the current context, PIC's climate commitments and emissions performance remain unclear, and further transparency would be beneficial for stakeholders interested in the organisation's environmental impact and sustainability efforts.
How Carbon Intensive is PIC's Industry?
How Carbon Intensive is PIC's Location?
PIC'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.
PIC 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.
