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.
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.
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.
King Stone Energy's score of 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, King Stone Energy reported total carbon emissions of approximately 1,221,140 kg CO2e. This figure includes about 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 approximately 493,330 kg CO2e. Comparatively, in 2022, the company’s total emissions were about 731,020 kg CO2e, with Scope 1 emissions at approximately 728,730 kg CO2e and Scope 2 emissions at about 2,290 kg CO2e. The significant increase in emissions from 2022 to 2023 highlights a need for enhanced climate strategies. Looking back further, in 2021, King Stone Energy's total emissions were approximately 6,783,940 kg CO2e, with Scope 1 emissions of about 734,470 kg CO2e and Scope 2 emissions reaching approximately 6,049,470 kg CO2e. In 2020, the total emissions were around 7,340,270 kg CO2e, with Scope 1 emissions at about 976,580 kg CO2e and Scope 2 emissions at approximately 6,363,694 kg CO2e. Currently, King Stone Energy has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of Scope 3 emissions data also suggests that the company may need to broaden its emissions reporting to encompass the full spectrum of its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - |
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.