Kingnet Network Co., Ltd. Sustainability Profile
Kingnet Network Co., Ltd., a prominent player in the digital entertainment industry, is headquartered in China (CN) and has established a significant presence across various operational regions. Founded in 2008, the company has achieved notable milestones, including the successful launch of multiple mobile and online games that have garnered a dedicated user base. Specialising in game development and publishing, Kingnet is recognised for its innovative approach to gaming, offering unique products that blend engaging narratives with cutting-edge technology. The company’s commitment to quality and user experience has solidified its position in the competitive gaming market, making it a trusted name among players and industry professionals alike. With a focus on expanding its portfolio, Kingnet continues to push the boundaries of digital entertainment.
DitchCarbon Score
How does Kingnet Network Co., Ltd.'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 Rubber and Plastic Products 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
Kingnet Network Co., Ltd.'s score of 17 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kingnet Network Co., Ltd.'s reported carbon emissions
In 2023, Kingnet Network Co., Ltd. reported total carbon emissions of approximately 828,400 kg CO2e, comprising 94,030 kg CO2e from Scope 1 and 734,370 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, when the company emitted about 1,236,220 kg CO2e, with 39,000 kg CO2e from Scope 1 and 1,197,220 kg CO2e from Scope 2. In 2021, the total emissions were approximately 523,880 kg CO2e, all from Scope 2, as no Scope 1 data was disclosed for that year. Despite the fluctuations in emissions, Kingnet Network Co., Ltd. has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company has not disclosed any Scope 3 emissions data, which limits the understanding of its overall carbon footprint. The emissions data is not cascaded from any parent organization, indicating that Kingnet Network Co., Ltd. is independently reporting its emissions. The company’s revenue for 2023 was approximately USD 605.76 million, reflecting a GHG emission intensity of about 0.00019 kg CO2e per unit of revenue for Scope 1 and 2 combined. Overall, while Kingnet Network Co., Ltd. has made strides in emissions reporting, the lack of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 523,880 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - |
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Kingnet Network Co., Ltd.'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.
Kingnet Network Co., Ltd. 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.
