In 2024, HD KSOE 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).
HD KSOE has also provided a category-level breakdown for 10 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 | 3,201a | 2,862a | 3,333a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 5,207a | 4,424a | 4,858a | |
Total Scope 3 | 859,847a | 115,967a | 26,445a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.1839a | 0.1717a | 0.2428a |
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In 2024, the total operational greenhouse gas (GHG) emissions of HD KSOE amounted to 8,408 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 HD KSOE increased by 15.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of HD KSOE were 3,201 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, HD KSOE's Scope 1 emissions have remained relatively, stable, indicating that HD KSOE's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), HD KSOE's Scope 1 emissions increased by 11.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, HD KSOE reported Scope 2 greenhouse gas (GHG) emissions of 5,207 tCO₂e without specifying the calculation method.a
Since 2021, HD KSOE's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 20.5%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), HD KSOE's Scope 2 emissions (Unspecified Calculation Method) rose by 17.7% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, HD KSOE reported its Scope 2 emissions using an unspecified methodology.a
In 2024, HD KSOE reported 859,847 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 HD KSOE includes a breakdown across 10 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, HD KSOE reported total Scope 3 emissions of 859,847 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 4.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.24% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, HD KSOE's Scope 3 emissions have increased by 5,505.99%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), HD KSOE's Scope 3 emissions increased by 641.46%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, HD KSOE reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to HD KSOE's Scope 3 emissions were:a
In 2024, HD KSOE reported Scope 1 greenhouse gas (GHG) emissions of 3,201 tCO₂e and total revenues of USD 17,406 millions. This translates into an emissions intensity of 0.18 tCO₂e per millions USD.a
In 2024, HD KSOE reported a Scope 1 emissions intensity of 0.18 tCO₂e per millions USD. Compared to the peer group median of 7.04, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, HD KSOE ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places HD KSOE among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, HD KSOE reported a total carbon footprint of 868,255 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 604.45% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to HD KSOE's total carbon footprint was Scope 3 emissions, accounting for 99.03% of the company's total carbon footprint, followed by Scope 2 emissions at 0.6%.a