King Stone Energy
King Stone Energy, headquartered in Hong Kong, is a prominent player in the energy sector, specialising in renewable energy solutions and sustainable resource management. Founded in 2005, the company has established a strong presence in Asia-Pacific, focusing on innovative technologies that enhance energy efficiency and reduce environmental impact. With a diverse portfolio that includes solar energy systems, wind power solutions, and energy storage technologies, King Stone Energy stands out for its commitment to quality and sustainability. The company has achieved significant milestones, including partnerships with leading organisations and recognition for its contributions to green energy initiatives. As a leader in the renewable energy industry, King Stone Energy continues to drive advancements in clean technology, positioning itself as a key contributor to the global transition towards sustainable energy sources.
DitchCarbon Score
How does King Stone Energy'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 Financial Intermediation 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
King Stone Energy's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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King Stone Energy's reported carbon emissions
In 2023, King Stone Energy reported total carbon emissions of approximately 1,221,140 kg CO2e. This figure includes 727,810 kg CO2e from Scope 1 emissions, primarily from stationary combustion, which accounted for about 716,660 kg CO2e. Scope 2 emissions were reported at 493,330 kg CO2e. Comparatively, in 2022, the company emitted about 731,020 kg CO2e, with Scope 1 emissions at 728,730 kg CO2e and minimal Scope 2 emissions of 2,290 kg CO2e. The 2021 emissions were significantly higher at approximately 6,783,940 kg CO2e, driven by Scope 2 emissions of about 6,049,470 kg CO2e. In 2020, total emissions reached around 7,340,270 kg CO2e, with Scope 1 emissions at 976,580 kg CO2e. Despite these figures, King Stone Energy has not set specific reduction targets or climate pledges, nor do they have any emissions data cascaded from a parent company. The absence of Scope 3 emissions data indicates a potential area for future reporting and commitment. Overall, the company is positioned to enhance its climate strategy and emissions management in the coming years.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 976,580 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,363,694 | 0,000,000 | 0,000 | 000,000 |
| Scope 3 | - | - | - | - |
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.
King Stone Energy 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.
