In 2024, Kirin Holdings 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).
Kirin Holdings has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 392,258a | 353,000b | 361,000b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 188,932a | 212,000b | 304,000b | |
Total Scope 3 | 4,076,699a | 3,376,000b | 3,444,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 26.3355a | 23.3906b | 24.1183b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Kirin Holdings amounted to 581,190 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 Kirin Holdings increased by 2.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Kirin Holdings were 392,258 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Kirin Holdings's Scope 1 emissions have increased by 4.05%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Kirin Holdings's Scope 1 emissions increased by 11.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Kirin Holdings reported Scope 2 greenhouse gas (GHG) emissions of 188,932 tCO₂e without specifying the calculation method.a
Since 2019, Kirin Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 56.96%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Kirin Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 10.88% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Kirin Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Kirin Holdings reported 4,076,699 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 2024 disclosure of Kirin Holdings includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Kirin Holdings reported total Scope 3 emissions of 4,076,699 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 97.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.35% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Kirin Holdings's Scope 3 emissionshave remained relatively stable, indicating that Kirin Holdings's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), Kirin Holdings's Scope 3 emissions increased by 20.76%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Kirin Holdings reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Kirin Holdings's Scope 3 emissions were:a
In 2024, Kirin Holdings reported Scope 1 greenhouse gas (GHG) emissions of 392,258 tCO₂e and total revenues of USD 14,895 millions. This translates into an emissions intensity of 26.34 tCO₂e per millions USD.a
In 2024, Kirin Holdings reported a Scope 1 emissions intensity of 26.34 tCO₂e per millions USD. Compared to the peer group median of 27.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Kirin Holdings ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Kirin Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Kirin Holdings reported a total carbon footprint of 4,657,889 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Kirin Holdings's total carbon footprint was Scope 3 emissions, accounting for 87.52% of the company's total carbon footprint, followed by Scope 1 emissions at 8.42%.a