Kinetik Holdings Inc

Common Name
Kinetik Holdings
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
460
Ticker
KNTK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Kinetik Holdings Inc. is a premier midstream energy company, primarily focusing on the transportation and processing of natural gas and related resources. By leveraging a strategically positioned infr...

Kinetik Holdings's Climate Target Data Preview

As of 2023, Kinetik Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kinetik Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Cubic Feet (ft3) of Oil and Gas Processed
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a
2030
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Verified Sources Behind Kinetik Holdings’s Climate Targets Data

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a. Kinetik Holdings's ESG Report 2023
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Insights into Kinetik Holdings's Greenhouse Gas Emissions Pathways

As of 2023, Kinetik Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Kinetik Holdings have a target to reduce the emissions from its operations?

As of 2023, Kinetik Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Kinetik Holdings's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Cubic Feet (ft3) of Oil and Gas Processed in 2021. a

As of 2023, Kinetik Holdings is ahead of schedule on its operational emissions reduction target, having achieved 39.54% of the planned reduction. a

Kinetik Holdings's Operational (Scope 1+2) Emissions Pathway

20212023203000000BaselineCurrent (-14%)Target 2030 (-35%)
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