In 2024, K'S 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).
K'S Holdings has also provided a category-level breakdown for 11 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 | 18,975a | 20,492a | 19,894b | |
Total Scope 2 | ||||
Market-Based | 115,736a | 117,408a | 125,394b | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 10,608,162a | 10,980,843b | 8,950,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.0001a | 3.702a | 3.2487b |
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In 2024, the total operational greenhouse gas (GHG) emissions of K'S Holdings amounted to 134,711 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 K'S Holdings decreased by 2.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of K'S Holdings were 18,975 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, K'S Holdings's Scope 1 emissions have decreased by 4.62%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), K'S Holdings's Scope 1 emissions decreased by 7.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, K'S Holdings reported Scope 2 greenhouse gas (GHG) emissions of 115,736 tCO₂e using the market-based method.a
Since 2022, K'S Holdings's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have remained relatively stable, indicating that K'S Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), K'S Holdings's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that K'S Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, K'S Holdings reported its Scope 2 emissions using the market-based method.a
In 2024, K'S Holdings reported 10,608,162 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 K'S Holdings includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, down from 11 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, K'S Holdings reported total Scope 3 emissions of 10,608,162 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 25.54% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.46% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, K'S Holdings's Scope 3 emissions have increased by 18.53%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), K'S Holdings's Scope 3 emissions remained relatively stable, indicating that K'S Holdings's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, K'S Holdings reported emissions for 10 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 K'S Holdings's Scope 3 emissions were:a
In 2024, K'S Holdings reported Scope 1 greenhouse gas (GHG) emissions of 18,975 tCO₂e and total revenues of USD 4,744 millions. This translates into an emissions intensity of 4 tCO₂e per millions USD.a
In 2024, K'S Holdings reported a Scope 1 emissions intensity of 4 tCO₂e per millions USD. Compared to the peer group median of 1.28, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, K'S Holdings ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places K'S Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, K'S Holdings reported a total carbon footprint of 10,742,873 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to K'S Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.75% of the company's total carbon footprint, followed by Scope 2 emissions at 1.08%.a