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 GHG Emissions Data Preview

In 2023, Kinik 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).

However, Kinik has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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 Kinik's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kinik amounted to 43,038.537 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 Kinik decreased by 1.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Kinik's Scope 1 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e-16%-4%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Kinik's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kinik were 8,387.854 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kinik reduced its Scope 1 emissions over time?

Since 2020, Kinik's Scope 1 emissions have decreased by 17.55%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kinik's Scope 1 emissions increased by 1.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Kinik's Scope 2 emissions?

In 2023, Kinik reported Scope 2 greenhouse gas (GHG) emissions of 34,650.683 tCOâ‚‚e without specifying the calculation method.

Has Kinik reduced its Scope 2 emissions over time?

Since 2020, Kinik's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 20.6%, reflecting a declining long-term trend in Scope 2 emissions over time.

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

What methodology does Kinik use for Scope 2 reporting?

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

Kinik's Scope 2 Emissions Over Time

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

Insights into Kinik's Value Chain Emissions

In 2023, Kinik reported 7,512.233 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 Kinik includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Kinik's Scope 3 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e+136%-9%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Kinik's Scope 3 emissions?

In 2023, Kinik reported total Scope 3 emissions of 7,512.233 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kinik reduced its Scope 3 emissions over time?

Since 2020, Kinik's Scope 3 emissions have increased by 130.01%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Kinik's Scope 3 emissions remained relatively stable, indicating that Kinik 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Kinik's Total Carbon Footprint

In 2023, Kinik reported a total carbon footprint of 50,550.77 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.61% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Kinik's total carbon footprint was Scope 2 emissions, accounting for 68.55% of the company's total carbon footprint, followed by Scope 1 emissions at 16.59%.