Public Profile

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.

25

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.

27

Industry Benchmark

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.

65%

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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 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.

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2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. King Stone Energy's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for King Stone Energy is in HK, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers