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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,387.854a | 8,235.682a | 8,554.52b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 34,650.683a | 35,592.839a | 37,360.06b | |
Total Scope 3 | 7,512.233a | 7,034.799a | 7,717.7b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 40.3256a | 36.637a | 39.3427b |
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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).a
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.a
In 2023, the total Scope 1 emissions of Kinik were 8,387.854 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Kinik's Scope 1 emissions have decreased by 17.55%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
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.a
In 2023, Kinik reported Scope 2 greenhouse gas (GHG) emissions of 34,650.683 tCO₂e without specifying the calculation method.a
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.ab
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.a
In 2023, Kinik reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Kinik reported 7,512.233 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 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.a
In 2023, Kinik reported total Scope 3 emissions of 7,512.233 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Kinik's Scope 3 emissions have increased by 130.01%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
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.a
In 2023, Kinik reported Scope 1 greenhouse gas (GHG) emissions of 8,387.854 tCO₂e and total revenues of USD 208 millions. This translates into an emissions intensity of 40.33 tCO₂e per millions USD.a
In 2023, Kinik reported a Scope 1 emissions intensity of 40.33 tCO₂e per millions USD. Compared to the peer group median of 7.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Kinik ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Kinik among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Kinik reported a total carbon footprint of 50,550.77 metric tons of CO₂ equivalent (tCO₂e) 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.a
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%.a