Kingsoft Cloud Holdings Ltd
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Kingsoft Cloud Holdings’s Greenhouse Gas (GHG) Emissions Data
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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
- 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 CO₂ equivalent (tCO₂e). 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 tCO₂e 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
- 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 CO₂ equivalent (tCO₂e) 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
- 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 CO₂ equivalent (tCO₂e). 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 tCO₂e (61.31%)
- Capital Goods (Cat. 2): 46,103.44 tCO₂e (34.6%)
- Employee Commuting (Cat. 7): 3,898.23 tCO₂e (2.93%)
Kingsoft Cloud Holdings's Scope 3 Emissions by Categories
Insights into Kingsoft Cloud Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Kingsoft Cloud Holdings reported Scope 1 greenhouse gas (GHG) emissions of 66.57 tCO₂e and total revenues of USD 992 millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD. a
Kingsoft Cloud Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Kingsoft Cloud Holdings's GHG emissions intensity compare to its peers?
In 2023, Kingsoft Cloud Holdings reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 0.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Kingsoft Cloud Holdings rank on GHG emissions intensity within its industry?
In 2023, Kingsoft Cloud Holdings ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Kingsoft Cloud Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
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 CO₂ equivalent (tCO₂e) 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