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Kernel Holding S.A., commonly known as Kernel, is a leading player in the vegetable oils and fats industry, headquartered in Ukraine (UA). Founded in 1994, the company has established itself as a significant force in the production and export of sunflower oil, along with a diverse range of other vegetable oils and fats.
With major operations across Ukraine and a strong presence in international markets, Kernel is renowned for its high-quality products, including refined sunflower oil and meal. The company’s commitment to innovation and sustainability sets it apart, ensuring that its offerings meet the evolving needs of consumers and businesses alike.
Kernel's strategic position in the market is underscored by its status as one of the largest sunflower oil producers globally, reflecting its dedication to excellence and growth within the industry.
+5 vs industry average
Kernel’s score of 19 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vegetable Oil Production is among the most carbon-intensive industries
The Vegetable Oil Production industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Kernel's total carbon emissions in 2024 were approximately 2.69 billion kg CO2e, encompassing Scope 1, 2, and 3 emissions. In the same year, Scope 1 emissions totalled approximately 194.5 million kg CO2e, while Scope 2 emissions were approximately 150.1 million kg CO2e (market-based). Scope 3 emissions represented the largest portion, amounting to approximately 2.31 billion kg CO2e.
In 2023, Kernel's total emissions were approximately 1.9 billion kg CO2e. This comprised Scope 1 emissions of approximately 279.6 million kg CO2e, Scope 2 emissions of approximately 136.7 million kg CO2e (market-based), and Scope 3 emissions of approximately 1.48 billion kg CO2e.
The company's total emissions in 2022 were approximately 2.04 billion kg CO2e, with Scope 1 at approximately 255.6 million kg CO2e, Scope 2 at approximately 84.1 million kg CO2e (market-based), and Scope 3 at approximately 1.7 billion kg CO2e.
In 2021, Kernel reported total emissions of approximately 4.20 billion kg CO2e, consisting of Scope 1 emissions of approximately 1.03 billion kg CO2e, Scope 2 emissions of approximately 101.3 million kg CO2e (market-based), and Scope 3 emissions of approximately 3.08 billion kg CO2e.
For 2020, Kernel's Scope 1 emissions were approximately 1.22 billion kg CO2e and Scope 2 emissions were approximately 96.1 million kg CO2e (location-based). Scope 3 data was not fully disclosed for this year.
Kernel's climate commitments include its Poltavsky Vegetable Oil Extraction Plant committing to the Science-Based Targets (SBTi) in 2024, aiming to develop a Greenhouse Gas (GHG) emission reduction target within the next year. This initiative is supported by the plant's capacity for green electricity production from biomass via its co-generation heat and power plants. Previously, in 2023, the company had announced plans for renewable energy projects, including seven co-generation heat and power units with a combined capacity of 94MW, anticipated to reduce GHG emissions by over 700,000 tonnes of CO2 equivalent once fully operational.
Kernel's emissions data is cascaded from its parent organisation, Kernel Holding S.A.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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