Kinergy Advancement Berhad
Kinergy Advancement Berhad, commonly referred to as Kinergy, is a prominent player in the manufacturing industry, headquartered in Malaysia. Established in 1995, the company has made significant strides in the production of high-quality precision components, primarily serving the automotive and electronics sectors. With a strong operational presence across Southeast Asia, Kinergy is renowned for its innovative approach to engineering and manufacturing. The company offers a diverse range of products, including metal stamping, assembly services, and custom tooling solutions, distinguished by their commitment to quality and efficiency. Kinergy's dedication to excellence has positioned it as a trusted partner for leading global brands, earning accolades for its operational excellence and customer satisfaction. As it continues to expand its footprint, Kinergy remains focused on driving advancements in technology and sustainability within the industry.
DitchCarbon Score
How does Kinergy Advancement Berhad'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 Business 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
Kinergy Advancement Berhad's score of 39 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kinergy Advancement Berhad's reported carbon emissions
In 2023, Kinergy Advancement Berhad reported total carbon emissions of approximately 68000 kg CO2e for Scope 1, 531000 kg CO2e for Scope 2, and 184000 kg CO2e for Scope 3. This data reflects a significant increase in emissions compared to previous years, particularly in Scope 1 and Scope 3 categories. For instance, in 2022, Scope 1 emissions were reported at 4490000 kg CO2e, while Scope 3 emissions were 318000 kg CO2e. Kinergy's emissions profile indicates a focus on reducing both direct and indirect emissions. The company has set long-term net-zero goals for both Scope 1 and Scope 2 emissions, aiming to implement strategies and measures to achieve these targets by 2050. This commitment aligns with the objectives of the Paris Climate Agreement, which seeks to limit global warming to well below 2°C, preferably to below 1.5°C compared to pre-industrial levels. The company is actively pursuing opportunities to enhance energy efficiency and invest in clean energy solutions, demonstrating a proactive approach to climate action. While specific reduction percentages have not been disclosed, Kinergy's management is committed to evaluating and developing mechanisms for emissions reduction as part of their sustainability strategy. Overall, Kinergy Advancement Berhad's emissions data and climate commitments reflect a growing awareness of the need for corporate responsibility in addressing climate change, with a clear trajectory towards achieving net-zero emissions in the coming decades.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 00,000 |
| Scope 2 | 55,800 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000 | 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.
Kinergy Advancement Berhad 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.
