K2M Group Holdings, Inc. Sustainability Profile
K2M Group Holdings, Inc., commonly referred to as K2M, is a prominent player in the global medical device industry, headquartered in the United States. Founded in 2004, K2M has established itself as a leader in the development of innovative spinal and minimally invasive solutions, catering to the needs of healthcare professionals and patients alike. With a strong operational presence across North America and Europe, K2M focuses on advanced technologies that enhance surgical outcomes. Their core offerings include a range of spinal implants and surgical instruments, distinguished by their commitment to innovation and quality. Recognised for its contributions to the field, K2M has achieved significant milestones, including numerous patents and awards, solidifying its market position as a trusted provider in spinal surgery solutions.
DitchCarbon Score
How does K2M Group Holdings, Inc.'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 Medical Device Manufacturing 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
K2M Group Holdings, Inc.'s score of 39 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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K2M Group Holdings, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. As a current subsidiary of Stryker Corporation, K2M's climate commitments and emissions data are influenced by its parent company. Stryker Corporation has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, which are cascaded down to K2M. While K2M has not set its own reduction targets or reported specific emissions figures, it aligns with Stryker's broader sustainability goals. This includes a commitment to reducing greenhouse gas emissions across its operations, which encompasses Scope 1, 2, and potentially Scope 3 emissions, although specific figures for K2M are not disclosed. In summary, K2M Group Holdings, Inc. is part of a corporate family that prioritises climate action through Stryker Corporation's initiatives, but lacks independent emissions data and specific reduction targets at this time.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 27,076,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 146,705,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is K2M Group Holdings, Inc.'s Industry?
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K2M Group Holdings, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
K2M Group Holdings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
