AB KN Energies
AB KN Energies, headquartered in Lithuania (LT), is a prominent player in the energy sector, specialising in the production and distribution of electricity and heat. Founded in 2001, the company has established itself as a leader in renewable energy solutions, focusing on sustainable practices that align with global environmental goals. With a strong operational presence across the Baltic region, AB KN Energies offers a diverse range of services, including energy generation, management, and innovative energy solutions. Their commitment to efficiency and sustainability sets them apart in a competitive market, earning them recognition for their contributions to energy innovation. Notable achievements include significant investments in renewable energy projects, positioning AB KN Energies as a key contributor to Lithuania's energy independence and sustainability efforts. The company continues to drive advancements in the energy industry, ensuring a reliable and eco-friendly energy future.
DitchCarbon Score
How does AB KN Energies'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 Wholesale Trade 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
AB KN Energies's score of 40 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AB KN Energies's reported carbon emissions
In 2023, AB KN Energies reported total carbon emissions of approximately 117,127,000 kg CO2e. This figure includes 5,394,000 kg CO2e from Scope 1 emissions, 1,230,000 kg CO2e from market-based Scope 2 emissions, and a significant 110,504,000 kg CO2e from Scope 3 emissions. In 2022, the company’s total emissions were about 100,092,000 kg CO2e, indicating an increase in emissions year-on-year. As of 2024, specific emissions data is not disclosed, but the company has reported a carbon intensity of 0.199 kg CO2e per kWh for Scope 1 and 2 emissions. Notably, AB KN Energies has not set any formal reduction targets or climate pledges, which may limit its accountability in addressing climate change. The absence of specific reduction initiatives suggests a need for enhanced commitment to sustainability practices within the industry context.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 5,878,000 | 0,000,000 |
| Scope 2 | 22,000 | 0,000,000 |
| Scope 3 | 94,192,000 | 000,000,000 |
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.
AB KN Energies is not participating in any 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.
