Kernel

Kernel, a Ukrainian company operating in the vegetable oils and fats products industry, has reported its carbon emissions for several years.

In 2024, Kernel's total GHG emissions were approximately 2.69 billion kg CO2e. This comprised approximately 194.5 million kg CO2e of Scope 1 emissions, approximately 150.1 million kg CO2e of Scope 2 (market-based) emissions, and approximately 2.31 billion kg CO2e of Scope 3 emissions.

For the reporting year 2023, Kernel's total GHG emissions were approximately 1.88 billion kg CO2e, with Scope 1 emissions at approximately 279.6 million kg CO2e, Scope 2 (market-based) emissions at approximately 136.7 million kg CO2e, and Scope 3 emissions at approximately 1.48 billion kg CO2e.

In 2022, total GHG emissions for Kernel were approximately 2.04 billion kg CO2e, including Scope 1 at approximately 255.6 million kg CO2e and Scope 2 (market-based) at approximately 84.1 million kg CO2e. Scope 3 emissions were approximately 1.70 billion kg CO2e.

Kernel's climate commitments include a significant focus on renewable energy. The company is investing in seven cogeneration heat and power units at its oilseed processing plants, with a combined capacity of 94MW. Once operational, these projects are expected to reduce GHG emissions by more than 700,000 tonnes of CO2 equivalent annually, impacting both Scope 1 and Scope 2 emissions.

In FY2024, Kernel's Poltavsky Vegetable Oil Extraction Plant committed to the Science-Based Targets initiative (SBTi), marking a significant step as the first Ukrainian food industry company to join. The company aims to establish a GHG emission reduction target for this plant within the next year, utilising its capacity for green electricity production from biomass via its co-generation heat and power plants.

Kernel's emissions data is cascaded from its parent organisation, Kernel Holding S.A., at cascade level 1, indicating it is a current subsidiary.