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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Kinik’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Kinik’s data sources below and access millions more through our Disclosure Search.

a. Kinik's Annual Report 2023
a. Kinik's Annual Report 2023
b. Kinik's ESG Report 2022
b. Kinik's ESG Report 2022

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). 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

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 CO₂ equivalent (tCO₂e). a

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. a b

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

What are Kinik's Scope 2 emissions?

In 2023, Kinik reported Scope 2 greenhouse gas (GHG) emissions of 34,650.683 tCO₂e without specifying the calculation method. a

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. a b

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

What methodology does Kinik use for Scope 2 reporting?

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

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 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

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 CO₂ equivalent (tCO₂e). a

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. a b

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

Insights into Kinik’s GHG Emissions Intensity Compared to Industry Peers

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

Kinik's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00010,000Revenues (Millions of USD)HREERCFortune ElectricYear: 2023Scope 1: 714 tCO2eRevenue: $M 453Scope 1 Intensity: 1.58 tCO2e/$MSUNONYear: 2023Scope 1: 2,338 tCO2eRevenue: $M 421Scope 1 Intensity: 5.55 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MHHHua Eng Wire And CableYear: 2024Scope 1: 1,017 tCO2eRevenue: $M 346Scope 1 Intensity: 2.94 tCO2e/$MTaiwan Shin Kong SecurityYear: 2023Scope 1: 2,218 tCO2eRevenue: $M 251Scope 1 Intensity: 8.82 tCO2e/$MBES EngineeringYear: 2023Scope 1: 1,251 tCO2eRevenue: $M 618Scope 1 Intensity: 2.02 tCO2e/$MHiwin TechnologiesYear: 2024Scope 1: 13,234 tCO2eRevenue: $M 745Scope 1 Intensity: 17.77 tCO2e/$MLien Hwa Industrial HoldingsYear: 2024Scope 1: 1,552 tCO2eRevenue: $M 395Scope 1 Intensity: 3.93 tCO2e/$MRRRechi PrecisionYear: 2023Scope 1: 3,842 tCO2eRevenue: $M 550Scope 1 Intensity: 6.99 tCO2e/$MTaiwan CogenerationYear: 2023Scope 1: 4,633,614 tCO2eRevenue: $M 174Scope 1 Intensity: 26,577.12 tCO2e/$MT3EX Global HoldingsYear: 2023Scope 1: 1,108 tCO2eRevenue: $M 477Scope 1 Intensity: 2.32 tCO2e/$MEEEvergreen SteelYear: 2023Scope 1: 3,874 tCO2eRevenue: $M 362Scope 1 Intensity: 10.72 tCO2e/$MVoltronic Power TechnologyYear: 2024Scope 1: 485 tCO2eRevenue: $M 696Scope 1 Intensity: 0.70 tCO2e/$MAdvanced Energy SolutionYear: 2023Scope 1: 112 tCO2eRevenue: $M 327Scope 1 Intensity: 0.34 tCO2e/$MContinental HoldingsYear: 2023Scope 1: 3,330 tCO2eRevenue: $M 998Scope 1 Intensity: 3.34 tCO2e/$MRexon IndustrialYear: 2023Scope 1: 426 tCO2eRevenue: $M 219Scope 1 Intensity: 1.95 tCO2e/$MAirtac International GroupYear: 2024Scope 1: 18,192 tCO2eRevenue: $M 936Scope 1 Intensity: 19.44 tCO2e/$MEEEastern Media InternationalYear: 2023Scope 1: 3,317 tCO2eRevenue: $M 190Scope 1 Intensity: 17.42 tCO2e/$MRRRadium Life TechYear: 2023Scope 1: 44 tCO2eRevenue: $M 244Scope 1 Intensity: 0.18 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MShihlin ElectricYear: 2023Scope 1: 3,872 tCO2eRevenue: $M 1,037Scope 1 Intensity: 3.73 tCO2e/$MTaiwan SecomYear: 2023Scope 1: 3,195 tCO2eRevenue: $M 557Scope 1 Intensity: 5.74 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MKinikYear: 2023Scope 1: 8,388 tCO2eRevenue: $M 208Scope 1 Intensity: 40.33 tCO2e/$M

How does Kinik's GHG emissions intensity compare to its peers?

In 2023, Kinik reported a Scope 1 emissions intensity of 40.33 tCO₂e per millions USD. Compared to the peer group median of 5.74 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Kinik rank on GHG emissions intensity within its industry?

In 2023, Kinik ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Kinik is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Kinik's Total Carbon Footprint

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

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