Kuwait Petroleum Corporation (Q8)
Kuwait Petroleum Corporation (KPC) is a state-owned integrated oil and gas company headquartered in Kuwait. In 2020, it had USD 97.22 billion in revenue and a reported 21,306 employees*. KPC is the national oil company (NOC) of Kuwait. Although KPC demonstrates more awareness of climate change than some other NOCs, it is not taking action to transition its business to be compatible with a low-carbon economy.
- Ranking position
- #77 /100
- Total score
- 2.4 /100
- Performance score
- 1.0 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
KPC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With insufficient changes in its current production mix and sold product mix and no emissions reduction targets in place, the company is not on track to reduce its scope 1 and 2 and its scope 1, 2 and 3 emissions intensities and align with its 1.5°C pathway. KPC has small-scale low-carbon business activities through its subsidiary Q8, but the company’s overall commitment to oil and gas means its business will not change in line with the low-carbon economy.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Kuwait City, Kuwait
- Group revenue
- KWD 29,477,000,000 (USD 97.22 billion)
- Ownership structure
- State owned
- Number of employees
- 21,306
- Scope of activity
- Fully integrated
- Website
- https://www.kpc.com.kw/