Kingsoft Cloud Holdings Ltd

Common Name
Kingsoft Cloud Holdings
Country
China (Mainland)
Sector
Technology
Industry
Software - Application
Employees
13,868
Ticker
KC
Exchange
NASDAQ/NGS
Description
Kingsoft Cloud Holdings Limited - ADR represents American Depositary Receipts for China's largest independent cloud service provider. The company primarily provides cloud storage, delivery, and comput...

Kingsoft Cloud Holdings's GHG Emissions Data Preview

In 2023, Kingsoft Cloud Holdings 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).

Kingsoft Cloud Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000

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Insights into Kingsoft Cloud Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kingsoft Cloud Holdings amounted to 59,007.89 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 Kingsoft Cloud Holdings increased by 64.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Kingsoft Cloud Holdings's Scope 1 Emissions Over Time

202020212022202304080120160tCO2e-17%-58%+25%
  • Total Scope 1
  • Year-over-Year Change

What are Kingsoft Cloud Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kingsoft Cloud Holdings were 66.57 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Kingsoft Cloud Holdings reduced its Scope 1 emissions over time?

Since 2020, Kingsoft Cloud Holdings's Scope 1 emissions have decreased by 57.1%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Kingsoft Cloud Holdings's Scope 1 emissions increased by 24.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Kingsoft Cloud Holdings's Scope 2 emissions?

In 2023, Kingsoft Cloud Holdings reported Scope 2 greenhouse gas (GHG) emissions of 58,941.32 tCOâ‚‚e without specifying the calculation method. a

Has Kingsoft Cloud Holdings reduced its Scope 2 emissions over time?

Since 2020, Kingsoft Cloud Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 189.52%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Kingsoft Cloud Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 64.65% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Kingsoft Cloud Holdings use for Scope 2 reporting?

In 2023, Kingsoft Cloud Holdings reported its Scope 2 emissions using an unspecified methodology. a

Kingsoft Cloud Holdings's Scope 2 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kingsoft Cloud Holdings's Value Chain Emissions

In 2023, Kingsoft Cloud Holdings reported 133,245.19 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 2023 disclosure of Kingsoft Cloud Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Kingsoft Cloud Holdings's Scope 3 Emissions Over Time

2023035 k70 k105 k140 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Kingsoft Cloud Holdings's Scope 3 emissions?

In 2023, Kingsoft Cloud Holdings reported total Scope 3 emissions of 133,245.19 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). 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

What categories of Scope 3 emissions does Kingsoft Cloud Holdings disclose?

In 2023, Kingsoft Cloud Holdings reported emissions for 5 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.

What are the main sources of Kingsoft Cloud Holdings's Scope 3 emissions?

In 2023, the largest contributors to Kingsoft Cloud Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 81,695.21 tCOâ‚‚e (61.31%)
  • Capital Goods (Cat. 2): 46,103.44 tCOâ‚‚e (34.6%)
  • Employee Commuting (Cat. 7): 3,898.23 tCOâ‚‚e (2.93%)

Kingsoft Cloud Holdings's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(2.9%)Purchased Goods andServices (Cat. 1)(61.3%)Capital Goods(Cat. 2)(34.6%)

Insights into Kingsoft Cloud Holdings's Total Carbon Footprint

In 2023, Kingsoft Cloud Holdings reported a total carbon footprint of 192,253.08 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 436.27% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Kingsoft Cloud Holdings's total carbon footprint was Scope 3 emissions, accounting for 69.31% of the company's total carbon footprint, followed by Scope 2 emissions at 30.66%. a

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