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 reflects a significant increase in Scope 1 emissions compared to previous years, where Scope 1 emissions were reported at 4490000 kg CO2e in 2022 and 2001000 kg CO2e in 2021. Scope 2 emissions also saw a decrease from 584000 kg CO2e in 2022, while Scope 3 emissions decreased from 318000 kg CO2e in 2022. Kinergy's climate commitments include a long-term goal to achieve net zero emissions by 2050, with specific strategies being developed for both Scope 1 and Scope 2 emissions. The company aims to implement measures that align with the Paris Climate Agreement, targeting a limit on global warming to well below 2°C, preferably to below 1.5°C compared to pre-industrial levels. The organisation has not reported any Science Based Targets Initiative (SBTi) reduction targets, indicating a potential area for future development. Overall, Kinergy Advancement Berhad is actively working towards reducing its carbon footprint while pursuing clean energy solutions.
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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.
