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In 2024, Kernel Holding 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).
Kernel Holding has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofKernel Holding amounted to286metric 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 Kernel Holdingdecreased by 21.21%, 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 Kernel Holding were 194.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, Kernel Holding's Scope 1 emissions have decreased by 23.9%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Kernel Holding's Scope 1 emissions decreased by 30.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Kernel Holding reported Scope 2 greenhouse gas (GHG) emissions of 150.1 tCOâ‚‚e using the market-based method and 91.5 tCOâ‚‚e using the location-based method.a
Since 2022, Kernel Holding's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 15.38%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Kernel Holding's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Kernel Holding's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Kernel Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Kernel Holding reported 2,314.6 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 Kernel Holding includes a breakdown across 8of 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, Kernel Holding reported total Scope 3 emissions of 2,314.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 98.76%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.24%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Kernel Holding's Scope 3 emissionshave increased by 36.19%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Kernel Holding's Scope 3 emissions increased by 55.89%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Kernel Holding reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Kernel Holding's Scope 3 emissions were:a
In 2024, Kernel Holding reported Scope 1 greenhouse gas (GHG) emissions of 194.5 tCOâ‚‚e and total revenues of USD 3,582 millions. This translates into an emissions intensity of 0.05 tCOâ‚‚e per millions USD.a
In 2024, Kernel Holding reported a Scope 1 emissions intensity of 0.05 tCOâ‚‚e per millions USD. Compared to the peer group median of 10.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Kernel Holding ranked 1 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 Kernel Holding among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Kernel Holding reported a total carbon footprint of 2,600.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Kernel Holding's total carbon footprint was Scope 3 emissions, accounting for 89% of the company's total carbon footprint, followed by Scope 1 emissions at 7.48%.a