World Kinect Corp

Common Name
World Kinect
Country
United States
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
4,745
Ticker
WKC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
World Kinect Corporation is a prominent entity in the field of energy management and supply. This corporation significantly contributes to various sectors by providing energy solutions, focusing prima...

World Kinect's GHG Emissions Data Preview

In 2020, World Kinect 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2020201920182017 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind World Kinect’s Greenhouse Gas (GHG) Emissions Data

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a. World Kinect's Sustainability Report 2021
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Insights into World Kinect's Operational Emissions

In 2020, the total operational greenhouse gas (GHG) emissions of World Kinect amounted to 46,300 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 2019, the total operational greenhouse gas (GHG) emissions of World Kinect decreased by 19.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

World Kinect's Scope 1 Emissions Over Time

20192020015 k30 k45 k60 ktCO2e-18%
  • Total Scope 1
  • Year-over-Year Change

What are World Kinect's Scope 1 emissions?

In 2020, the total Scope 1 emissions of World Kinect were 41,600 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2019), World Kinect's Scope 1 emissions decreased by 18.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are World Kinect's Scope 2 emissions?

In 2020, World Kinect reported Scope 2 greenhouse gas (GHG) emissions of 4,700 tCO₂e without specifying the calculation method. a

Has World Kinect reduced its Scope 2 emissions over time?

Compared to the previous year (2019), World Kinect's Scope 2 emissions (Unspecified Calculation Method) fell by 30.88% in 2020, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does World Kinect use for Scope 2 reporting?

In 2020, World Kinect reported its Scope 2 emissions using an unspecified methodology. a

World Kinect's Scope 2 Emissions Over Time

2019202002 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into World Kinect’s GHG Emissions Intensity Compared to Industry Peers

In 2020, World Kinect reported Scope 1 greenhouse gas (GHG) emissions of 41,600 tCO₂e and total revenues of USD 20,358 millions. This translates into an emissions intensity of 2.04 tCO₂e per millions USD. a

World Kinect's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000500,000Revenues (Millions of USD)Devon EnergyYear: 2023Scope 1: 4,370,000 tCO2eRevenue: $M 15,258Scope 1 Intensity: 286.41 tCO2e/$MKinetik HoldingsYear: 2023Scope 1: 2,020,587 tCO2eRevenue: $M 1,256Scope 1 Intensity: 1,608.22 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MVital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MPBF EnergyYear: 2023Scope 1: 10,780,000 tCO2eRevenue: $M 38,325Scope 1 Intensity: 281.28 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MPeabody EnergyYear: 2023Scope 1: 607,151 tCO2eRevenue: $M 4,947Scope 1 Intensity: 122.74 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MAlliance Resource PartnersYear: 2023Scope 1: 2,521,512 tCO2eRevenue: $M 2,567Scope 1 Intensity: 982.39 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MMarathon PetroleumYear: 2023Scope 1: 33,000,000 tCO2eRevenue: $M 148,379Scope 1 Intensity: 222.40 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MOccidental PetroleumYear: 2023Scope 1: 17,370,000 tCO2eRevenue: $M 28,257Scope 1 Intensity: 614.71 tCO2e/$MValero EnergyYear: 2023Scope 1: 24,900,000 tCO2eRevenue: $M 144,766Scope 1 Intensity: 172.00 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MHF SinclairYear: 2023Scope 1: 8,367,000 tCO2eRevenue: $M 31,964Scope 1 Intensity: 261.76 tCO2e/$MOceaneering InternationalYear: 2023Scope 1: 44,690 tCO2eRevenue: $M 2,425Scope 1 Intensity: 18.43 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MEnergy TransferYear: 2020Scope 1: 12,158,505 tCO2eRevenue: $M 38,954Scope 1 Intensity: 312.12 tCO2e/$MWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$M

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

In 2020, World Kinect reported a Scope 1 emissions intensity of 2.04 tCO₂e per millions USD. Compared to the peer group median of 225.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does World Kinect rank on GHG emissions intensity within its industry?

In 2020, World Kinect ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places World Kinect among the top performers, with one of the lowest emissions intensities relative to peers. a

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