Kinik Co

Common Name
Kinik
Country
Taiwan
Sector
Industrials
Industry
Tools & Accessories
Employees
N/A
Ticker
1560
Exchange
TAIWAN STOCK EXCHANGE
Description
Kinik Company is a Taiwanese manufacturer specializing in the production of grinding wheels, cutting tools, and related abrasive products. Founded in 1953, Kinik has positioned itself as a key player ...

Kinik's Climate Target Data Preview

As of 2023, Kinik has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 Kinik ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets 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 Kinik's Greenhouse Gas Emissions Pathways

As of 2023, Kinik 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.

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

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

Kinik's most ambitious operational target is to reduce these emissions by 34% by 2030, compared to a baseline of 45,914.58 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Kinik is on track to meet its operational emissions reduction target, having achieved 18.41% of the planned reduction.

Kinik's Operational (Scope 1+2) Emissions Pathway

20212023202520272030015 k30 k45 k60 kCurrent (-6%)Target 2027 (-18%)Target 2030 (-34%)
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