QatarEnergy, formerly known as Qatar Petroleum, is a leading global energy company headquartered in Doha, Qatar (QA). Established in 1974, the company has significantly contributed to the development of Qatar's oil and gas sector, positioning itself as a key player in the energy industry. With operations spanning the Middle East and beyond, QatarEnergy focuses on exploration, production, and refining of hydrocarbons, alongside renewable energy initiatives.
The company is renowned for its vast natural gas reserves, particularly in the North Field, which is one of the largest in the world. QatarEnergy's commitment to sustainability and innovation sets it apart, as it actively invests in cleaner energy technologies. As a major exporter of liquefied natural gas (LNG), QatarEnergy has achieved notable milestones, solidifying its status as a cornerstone of the global energy market.
-1 vs industry average
Qatarenergy’s score of 18 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Qatarenergy's reported carbon emissions
In 2024, QatarEnergy reported total carbon emissions of approximately 46.3 billion kg CO2e, comprising about 44.3 billion kg CO2e from Scope 1 and about 2.3 billion kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. QatarEnergy is committed to significant carbon reduction initiatives, aiming for a 25% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2035, using 2013 as the baseline year. This commitment reflects the company's long-term strategy to enhance sustainability within its operations. Notably, QatarEnergy achieved an 11.5% reduction in Scope 1 emissions from 2016 to 2017, decreasing from about 5.1 million tonnes CO2e to approximately 4.6 million tonnes CO2e. The company's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. QatarEnergy's ongoing efforts align with industry standards for climate action, demonstrating a proactive approach to mitigating climate change impacts.
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Qatarenergy’s Climate Goals (2030 & 2050)
3 goals2035
25% reduction in Scope 1
2035 Reduction in carbon intensity Baseline year 2013 -25% scope 1 & 2
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Qatarenergy
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