Qatarenergy
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.
DitchCarbon Score
How does Qatarenergy'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 Gas/Diesel Oil 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
Qatarenergy's score of 15 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Qatarenergy's reported carbon emissions
In 2023, QatarEnergy reported significant carbon emissions, totalling approximately 43.9 billion kg CO2e for Scope 1 and about 2.2 billion kg CO2e for Scope 2 emissions globally. In Qatar, the emissions were slightly lower, with Scope 1 at around 43.1 billion kg CO2e and Scope 2 at about 2.1 billion kg CO2e. QatarEnergy has set ambitious long-term climate commitments, aiming for a 25% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2035, using 2013 as the baseline year. Additionally, the company targets a 35% reduction in the carbon intensity of its LNG facilities by the same year. In terms of past achievements, QatarEnergy successfully reduced its direct GHG emissions (Scope 1) by 11.5% from 2016 to 2017, decreasing from approximately 5.1 million tonnes CO2e to about 4.6 million tonnes CO2e. These initiatives reflect QatarEnergy's commitment to addressing climate change and reducing its carbon footprint in the energy sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,941,866,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
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.
Qatarenergy 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.
