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Qatar Insurance Company QSPC

Country
Qatar
Sector
Financial Services
Industry
Insurance - Diversified
Employees
N/A
Ticker
QATI
Exchange
QATAR STOCK EXCHANGE
Description
Qatar Insurance Company is a prominent player in the insurance sector, primarily offering a broad range of insurance products and services. Established in 1964, the company has grown to become one of ...

Qatar Insurance Company QSPC's GHG Emissions Data Preview

In 2024, Qatar Insurance Company QSPC completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Qatar Insurance Company QSPC has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Qatar Insurance Company QSPC’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Qatar Insurance Company QSPC’s data sources below and access millions more through our Disclosure Search.

a. Qatar Insurance Company QSPC's Sustainability Report 2024
a. Qatar Insurance Company QSPC's Sustainability Report 2024
b. Qatar Insurance Company QSPC's Sustainability Report 2023
b. Qatar Insurance Company QSPC's Sustainability Report 2023

Insights into Qatar Insurance Company QSPC's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofQatar Insurance Company QSPC amounted to2,245.24metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Qatar Insurance Company QSPCdecreased by 0.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Qatar Insurance Company QSPC's Scope 1 Emissions Over Time

2023202403570105140tCO2e+3%
  • Total Scope 1
  • Year-over-Year Change

What are Qatar Insurance Company QSPC's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Qatar Insurance Company QSPC were 125.24 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Qatar Insurance Company QSPC's Scope 1 emissions increased by 2.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Qatar Insurance Company QSPC's Scope 2 emissions?

In 2024, Qatar Insurance Company QSPC reported Scope 2 greenhouse gas (GHG) emissions of 2,120 tCOâ‚‚e without specifying the calculation method.a

Has Qatar Insurance Company QSPC reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Qatar Insurance Company QSPC's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Qatar Insurance Company QSPC's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Qatar Insurance Company QSPC use for Scope 2 reporting?

In 2024, Qatar Insurance Company QSPC reported its Scope 2 emissions using an unspecified methodology.a

Qatar Insurance Company QSPC's Scope 2 Emissions Over Time

2023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Qatar Insurance Company QSPC's Value Chain Emissions

In 2024, Qatar Insurance Company QSPC reported 469.86 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Qatar Insurance Company QSPC includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Qatar Insurance Company QSPC's Scope 3 Emissions Over Time

202320240150300450600tCO2e-21%
  • Total Scope 3
  • Year-over-Year Change

What are Qatar Insurance Company QSPC's Scope 3 emissions?

In 2024, Qatar Insurance Company QSPC reported total Scope 3 emissions of 469.86 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Qatar Insurance Company QSPC's Scope 3 emissions decreased by 21.3%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Qatar Insurance Company QSPC disclose?

In 2024, Qatar Insurance Company QSPC reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Qatar Insurance Company QSPC's Scope 3 emissions?

In 2024, the largest contributors to Qatar Insurance Company QSPC's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 469.86 tCOâ‚‚e(100%)

Qatar Insurance Company QSPC's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Qatar Insurance Company QSPC’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Qatar Insurance Company QSPC reported Scope 1 greenhouse gas (GHG) emissions of 125.24 tCOâ‚‚e and total revenues of USD 2,148 millions. This translates into an emissions intensity of 0.06 tCOâ‚‚e per millions USD.a

Qatar Insurance Company QSPC's Scope 1 Emissions Intensity Compared to Peers

0.02220050,0005,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)ASBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MAAAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MiA FinancialYear: 2024Scope 1: 6,757 tCO2eRevenue: $M 2,647Scope 1 Intensity: 2.55 tCO2e/$MGrupo Catalana OccidenteYear: 2024Scope 1: 19,054 tCO2eRevenue: $M 2,587Scope 1 Intensity: 7.36 tCO2e/$MAgeasYear: 2024Scope 1: 16,238 tCO2eRevenue: $M 8,824Scope 1 Intensity: 1.84 tCO2e/$MUnipol AssicurazioniYear: 2024Scope 1: 9,062 tCO2eRevenue: $M 12,128Scope 1 Intensity: 0.75 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MVienna Insurance GroupYear: 2024Scope 1: 18,538 tCO2eRevenue: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MHelvetia Baloise HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MStar HealthYear: 2025Scope 1: 0 tCO2eRevenue: $M 2,000Scope 1 Intensity: 0.00 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MPhoenix FinancialYear: 2024Scope 1: 3,783 tCO2eRevenue: $M 8,260Scope 1 Intensity: 0.46 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,621Scope 1 Intensity: 5.57 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAegean AirlinesYear: 2024Scope 1: 1,412,799 tCO2eRevenue: $M 1,849Scope 1 Intensity: 763.88 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,970Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 19,936Scope 1 Intensity: 2.29 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$MQatar Insurance Company QSPCYear: 2024Scope 1: 125 tCO2eRevenue: $M 2,148Scope 1 Intensity: 0.06 tCO2e/$M

How does Qatar Insurance Company QSPC's GHG emissions intensity compare to its peers?

In 2024, Qatar Insurance Company QSPC reported a Scope 1 emissions intensity of 0.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.49, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Qatar Insurance Company QSPC rank on GHG emissions intensity within its industry?

In 2024, Qatar Insurance Company QSPC ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Qatar Insurance Company QSPC among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Qatar Insurance Company QSPC's Total Carbon Footprint

In 2024, Qatar Insurance Company QSPC reported a total carbon footprint of 2,715.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.53% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Qatar Insurance Company QSPC's total carbon footprint was Scope 2 emissions, accounting for 78.08% of the company's total carbon footprint, followed by Scope 3 emissions at 17.31%.a

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