Kingsoft Corporation Ltd

Common Name
Kingsoft
Country
Hong Kong
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Employees
8,047
Ticker
3888
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Kingsoft Corporation Limited is a prominent technology company based in China, specializing in software development and internet services. The company's primary focus is on providing a diverse range o...

Kingsoft's GHG Emissions Data Preview

In 2023, Kingsoft 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 has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Kingsoft's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kingsoft amounted to 12,699.76 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kingsoft increased by 4.32%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Kingsoft's Scope 1 Emissions Over Time

20212022202303006009001.2 ktCO2e+231%+152%
  • Total Scope 1
  • Year-over-Year Change

What are Kingsoft's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kingsoft were 1,179.41 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kingsoft reduced its Scope 1 emissions over time?

Since 2021, Kingsoft's Scope 1 emissions have increased by 735.51%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kingsoft's Scope 1 emissions increased by 152.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Kingsoft's Scope 2 emissions?

In 2023, Kingsoft reported Scope 2 greenhouse gas (GHG) emissions of 11,520.35 tCOâ‚‚e without specifying the calculation method.

Has Kingsoft reduced its Scope 2 emissions over time?

Since 2021, Kingsoft's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 22.84%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Kingsoft's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Kingsoft 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Kingsoft use for Scope 2 reporting?

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

Kingsoft's Scope 2 Emissions Over Time

20212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kingsoft's Value Chain Emissions

In 2023, Kingsoft reported 28,760.23 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Kingsoft includes a breakdown across 4 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

Kingsoft's Scope 3 Emissions Over Time

202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Kingsoft's Scope 3 emissions?

In 2023, Kingsoft reported total Scope 3 emissions of 28,760.23 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

What categories of Scope 3 emissions does Kingsoft disclose?

In 2023, Kingsoft reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Purchased Goods and Services (Cat. 1): 25,451.28 tCOâ‚‚e (88.49%)
  • Capital Goods (Cat. 2): 2,232.49 tCOâ‚‚e (7.76%)
  • Employee Commuting (Cat. 7): 605.3 tCOâ‚‚e (2.1%)

Kingsoft's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(88.5%)Employee Commuting(Cat. 7)(2.1%)Capital Goods(Cat. 2)(7.8%)

Insights into Kingsoft's Total Carbon Footprint

In 2023, Kingsoft reported a total carbon footprint of 41,459.99 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 240.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Kingsoft's total carbon footprint was Scope 3 emissions, accounting for 69.37% of the company's total carbon footprint, followed by Scope 2 emissions at 27.79%.

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