Kyndryl
Kyndryl, officially known as Kyndryl Holdings, Inc., is a leading global technology services company headquartered in the United States. Established in 2021 as a spin-off from IBM, Kyndryl focuses on managing and modernising critical IT infrastructure for businesses worldwide. With a strong presence in North America, Europe, and Asia, the company operates within the information technology and services industry. Kyndryl offers a range of core services, including cloud services, data and AI solutions, and digital transformation consulting, all designed to enhance operational efficiency and drive innovation. Its unique approach combines deep industry expertise with advanced technology, positioning Kyndryl as a trusted partner for enterprises navigating complex digital landscapes. Recognised for its commitment to excellence, Kyndryl continues to achieve significant milestones, solidifying its status as a key player in the global IT services market.
DitchCarbon Score
How does Kyndryl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kyndryl's score of 79 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kyndryl's reported carbon emissions
In 2024, Kyndryl Holdings, Inc. reported total carbon emissions of approximately 1,495,000 kg CO2e, comprising 495,000 kg CO2e from Scope 1 and 1,000,000 kg CO2e from Scope 2 emissions. The previous year, 2023, Kyndryl's emissions were significantly higher, with Scope 1 emissions at approximately 37,316,000 kg CO2e and Scope 2 emissions (market-based) at about 281,013,000 kg CO2e. Additionally, Kyndryl disclosed Scope 3 emissions, which included approximately 390,206,000 kg CO2e from purchased goods and services, 58,619,000 kg CO2e from capital goods, and 138,568,000 kg CO2e from fuel and energy-related activities. Kyndryl has set ambitious climate commitments, validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2040. Near-term targets include a 50% reduction in absolute Scope 1, 2, and 3 emissions by 2030, with a more aggressive target of a 75% reduction in Scope 1 and 2 emissions from a 2023 baseline. Furthermore, Kyndryl plans to reduce Scope 3 emissions from purchased goods and services, capital goods, and fuel and energy-related activities by 36.5% within the same timeframe. Kyndryl's progress is notable, having already reduced Scope 1 emissions by 9% and Scope 2 market-based emissions by 8% compared to the fiscal 2023 baseline. The company is committed to transparency and accountability in its climate initiatives, aligning with industry standards to combat climate change effectively.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 37,316,000 | 000,000 |
| Scope 2 | 281,013,000 | 0,000,000 |
| Scope 3 | 725,572,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kyndryl is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
