Kinetik Sustainability Profile
Kinetik, a leading player in the technology and logistics sector, is headquartered in Great Britain and operates extensively across Europe and North America. Founded in 2015, the company has rapidly established itself as a pioneer in smart supply chain solutions, focusing on optimising efficiency and sustainability in logistics operations. Kinetik's core offerings include advanced data analytics, real-time tracking systems, and innovative inventory management tools, all designed to enhance operational performance. What sets Kinetik apart is its commitment to integrating cutting-edge technology with user-friendly interfaces, ensuring seamless adoption by clients. With a strong market position, Kinetik has garnered recognition for its transformative impact on supply chain management, earning accolades for its innovative approach and customer-centric solutions. As the industry evolves, Kinetik continues to lead the way in shaping the future of logistics.
DitchCarbon Score
How does Kinetik'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 Steam and Hot Water Supply 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
Kinetik's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kinetik's reported carbon emissions
In 2023, Kinetik reported total greenhouse gas emissions of approximately 2,020,587,000 kg CO2e from Scope 1 and 82,945,000 kg CO2e from Scope 2, resulting in a combined total of about 2,103,532,000 kg CO2e. This marks an increase from 2022, where emissions were approximately 1,783,457,000 kg CO2e for Scope 1 and 99,757,000 kg CO2e for Scope 2, totalling around 1,878,863,000 kg CO2e. In 2021, the company reported emissions of about 1,839,865,000 kg CO2e for Scope 1 and 104,295,000 kg CO2e for Scope 2, leading to a total of approximately 1,950,295,000 kg CO2e. Kinetik has set ambitious climate commitments, aiming for net zero emissions for Scope 1 and Scope 2 by 2050. The company has established interim targets to reduce methane and GHG emissions intensities by 30% and 35%, respectively, from a 2021 baseline by 2030. These targets reflect Kinetik's commitment to a lower carbon future and are supported by annual targets set by their Compensation and Governance and Sustainability Committees. The emissions data is not cascaded from any parent organization, and Kinetik operates independently in its climate initiatives. The company continues to focus on reducing its carbon footprint while enhancing its sustainability practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,024,448,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 146,065,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Kinetik's Industry?
How Carbon Intensive is Kinetik's Location?
Kinetik'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.
Kinetik 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.
