In 2024, Kandenko 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).
However, Kandenko has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,299a | N/A | 10,086b | |
Total Scope 2 | ||||
Market-Based | 8,200a | N/A | 13,587b | |
Location-Based | 10,742a | N/A | 13,017b | |
Total Scope 3 | 758,800a | N/A | 675,420b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 59.9644a | N/A | 182.9823b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Kandenko amounted to 21,041 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 2022, the total operational greenhouse gas (GHG) emissions of Kandenko decreased by 8.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Kandenko were 10,299 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Kandenko's Scope 1 emissions have decreased by 3.72%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Kandenko's Scope 1 emissions increased by 2.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Kandenko reported Scope 2 greenhouse gas (GHG) emissions of 8,200 tCO₂e using the market-based method and 10,742 tCO₂e using the location-based method.a
Since 2020, Kandenko's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.41%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Kandenko's Scope 2 emissions (Location-Based) fell by 17.48% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Kandenko reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Kandenko reported 758,800 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 Kandenko includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Kandenko reported total Scope 3 emissions of 758,800 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Kandenko's Scope 3 emissions increased by 12.34%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Kandenko reported Scope 1 greenhouse gas (GHG) emissions of 10,299 tCO₂e and total revenues of USD 172 millions. This translates into an emissions intensity of 59.96 tCO₂e per millions USD.a
In 2024, Kandenko reported a Scope 1 emissions intensity of 59.96 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Kandenko ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Kandenko among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Kandenko reported a total carbon footprint of 779,841 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.64% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Kandenko's total carbon footprint was Scope 3 emissions, accounting for 97.3% of the company's total carbon footprint, followed by Scope 2 emissions at 1.38%.a