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Industries Qatar

Qatar

Industrial and Manufacturing

Industries Qatar is one of the region’s industrial giants with holdings in petrochemicals, fertilizers and steel producers. IQ was incorporated on April 19, 2003. Through its subsidiaries and joint ventures (the Group Companies), IQ operates in three distinct segments: Petrochemicals, Fertilizers and Steel. All of the Group’s international joint venture partners bring state-of-the-art technical expertise in their respective fields of operation. The operations of the Group’s subsidiary and joint ventures remain independently managed by their respective Boards of Directors and senior management teams. The business operations of IQ comprise the direct holding of shares in the following subsidiaries and joint venture companies: (i) Qatar Steel Company, a wholly-owned subsidiary, engaged in the manufacture and sale of steel billets and reinforcing bars; (ii) Qatar Petrochemical Company Limited (QAPCO), a joint venture 80% owned by IQ, engaged in the production of ethylene, low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE) through its joint venture Qatofin Company Limited and sulphur; (iii) Qatar Fertiliser Company (QAFCO), a 100% owned subsidiary, engaged in the manufacture of ammonia and urea; and (iv) Qatar Fuel Additives Company Limited (QAFAC), a joint venture 50% owned by IQ, engaged in the production of methanol and methyl-tertiary-butyl-ether (MTBE). Industries of Qatar was founded in 2003 and is headquartered in Doha, Qatar.

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Data not reported
N/A : Not Applicable

	2023	2022	2021	2020
Environment
Does the company publish and follow an environmental policy? Yes/No			Yes	Yes
Energy used (GJ/employee) Annual total direct energy consumption per employee			65,050	68,147
Specify the primary source of energy used by the company			Natural gas	Natural gas
Total amount of energy used (GJ)			241,009,000	261,274,933
Total greenhouse gas emissions (tonnes)			9,166,014	10,505,425
Total waste produced (kg)			260,887,000	378,261,000
Total water use (m3)			10,562,286	34,006,371
Social
Average hours of training per employee			18.96	13.72
Disclosure and adherence to a Human Rights Policy? Yes/No			Yes
Does the company prohibit the use of child or forced labor throughout the supply chain? Yes/No			Yes	Yes
Does the company publish and follow a policy for occupational and global health issues? Yes/No			Yes	Yes
Employee turnover rate (%)			3	21.53
Employee wages & benefits			461.26	481.65
Nationalisation rate (%)			21	20.45
Number of grievances about human rights issues filed, addressed and resolved			0	0
Pre-tax profits invested in the community (%)			0.02
Spending on locally-based suppliers (%)			63	72
Total number of injuries and fatal accidents (contractors)			0	0
Total number of injuries and fatal accidents (employees and contractors)			0	0
Total number of injuries and fatal accidents (employees)			0	0
Total workforce (FTE)			3,705	3,834
Women in the workforce (%)			4	3.57
Corporate Governance
CEO pay ratio
Disclosure of the voting results of the latest AGM. Yes/No			Yes	Yes
Does the company publish and follow a Bribery/Anti-Corruption Code? Yes/No			Yes	Yes
Does the company publish and follow an Ethics Code of Conduct? Yes/No			Yes	Yes
Executive compensation linked to performance indicators. Yes/No
Female directors on the board (%)			2.70	2.70
Independent directors on the board (%)			0	0
Median male salary to median female salary
Role separation of Chairman and CEO. Yes/No			Yes	Yes
Sustainability report published. Yes/No			Yes	Yes