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 2024, 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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0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000

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Insights into Kingsoft's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Kingsoft amounted to 11,875.59 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 2023, the total operational greenhouse gas (GHG) emissions of Kingsoft decreased by 6.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Kingsoft's Scope 1 Emissions Over Time

202120222023202403006009001.2 ktCO2e+231%+152%-60%
  • Total Scope 1
  • Year-over-Year Change

What are Kingsoft's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kingsoft were 477.62 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Kingsoft reduced its Scope 1 emissions over time?

Since 2021, Kingsoft's Scope 1 emissions have increased by 238.35%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Kingsoft's Scope 1 emissions decreased by 59.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Kingsoft's Scope 2 emissions?

In 2024, Kingsoft reported Scope 2 greenhouse gas (GHG) emissions of 11,397.97 tCOâ‚‚e without specifying the calculation method. a

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 21.53%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), 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. a

What methodology does Kingsoft use for Scope 2 reporting?

In 2024, Kingsoft reported its Scope 2 emissions using an unspecified methodology. a

Kingsoft's Scope 2 Emissions Over Time

202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kingsoft's Value Chain Emissions

In 2024, Kingsoft reported 50,199.18 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 Kingsoft includes a breakdown across 4 of 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

Kingsoft's Scope 3 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e+75%
  • Total Scope 3
  • Year-over-Year Change

What are Kingsoft's Scope 3 emissions?

In 2024, Kingsoft reported total Scope 3 emissions of 50,199.18 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

Compared to the previous year (2023), Kingsoft's Scope 3 emissions increased by 74.54%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Kingsoft disclose?

In 2024, Kingsoft reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Kingsoft's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 45,310.11 tCOâ‚‚e (90.26%)
  • Capital Goods (Cat. 2): 3,652.75 tCOâ‚‚e (7.28%)
  • Employee Commuting (Cat. 7): 835.25 tCOâ‚‚e (1.66%)

Kingsoft's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(90.3%)Employee Commuting(Cat. 7)(1.7%)Capital Goods(Cat. 2)(7.3%)

Insights into Kingsoft's Total Carbon Footprint

In 2024, Kingsoft reported a total carbon footprint of 62,074.77 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 49.72% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Kingsoft's total carbon footprint was Scope 3 emissions, accounting for 80.87% of the company's total carbon footprint, followed by Scope 2 emissions at 18.36%. a

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