In 2024, CK Power 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).
CK Power 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 719,161.16a | 719,930.32a | 715,530.79a | |
Total Scope 2 | ||||
Market-Based | 1,979.7a | 1,851.15a | 2,245.17a | |
Location-Based | 1,979.7a | 1,851.15a | 2,245.17a | |
Total Scope 3 | 181,920.8a | 119,586.41a | 122,367.29a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,417.9319a | 2,409.8596a | 2,272.3697a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CK Power amounted to 721,140.86 metric 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 CK Power decreased by 0.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of CK Power were 719,161.16 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, CK Power's Scope 1 emissions have remained relatively, stable, indicating that CK Power's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), CK Power's Scope 1 emissions remained relatively stable, indicating that CK Power's emissions have plateaued with no significant change in its operational footprint.a
In 2024, CK Power reported Scope 2 greenhouse gas (GHG) emissions of 1,979.7 tCO₂e using the market-based method and 1,979.7 tCO₂e using the location-based method.a
Since 2019, CK Power's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 74.28%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), CK Power's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CK Power's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, CK Power reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, CK Power reported 181,920.8 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CK Power includes a breakdown across 1 of 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
In 2024, CK Power reported total Scope 3 emissions of 181,920.8 metric tons of CO₂ equivalent (tCO₂e).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), CK Power's Scope 3 emissions increased by 52.12%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, CK Power 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.
In 2024, the largest contributors to CK Power's Scope 3 emissions were:a
In 2024, CK Power reported Scope 1 greenhouse gas (GHG) emissions of 719,161.16 tCO₂e and total revenues of USD 297 millions. This translates into an emissions intensity of 2,417.93 tCO₂e per millions USD.a
In 2024, CK Power reported a Scope 1 emissions intensity of 2,417.93 tCO₂e per millions USD. Compared to the peer group median of 4,391.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, CK Power ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CK Power is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CK Power reported a total carbon footprint of 903,061.66 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.33% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CK Power's total carbon footprint was Scope 1 emissions, accounting for 79.64% of the company's total carbon footprint, followed by Scope 3 emissions at 20.14%.a