Kingsett Capital

KingSett Capital, headquartered in CA and operating in the real estate services industry, reported a total of approximately 28.49 million kg CO2e for Scope 1 and 2 emissions in 2024. This comprised about 15.84 million kg CO2e of Scope 1 emissions and approximately 12.65 million kg CO2e of Scope 2 emissions (location-based). Scope 3 emissions for waste generated in operations amounted to about 91,000 kg CO2e in the same year.

In 2023, KingSett Capital's total Scope 1 and 2 emissions were approximately 28.86 million kg CO2e, with Scope 1 at about 16.12 million kg CO2e and Scope 2 at roughly 12.75 million kg CO2e (location-based). Waste generated in operations accounted for approximately 89,000 kg CO2e.

The company is on track to reduce carbon emissions by 67% by 2035, utilising the Science Based Targets initiative (SBTi) methodology. This target applies to Scope 1 and Scope 2 emissions within CREIF, with a starting point in 2023 and a goal year of 2035.

KingSett Capital's climate commitments include a net-zero commitment with a long-term target for all scopes, as indicated by SBTi data. While specific emission reduction percentages for Scope 1 and Scope 2 for the 2035 target are mentioned as 67%, other long-term reduction targets have either expired or are yet to be fully detailed. The company has previously reported emissions data for Scope 1, 2, and 3 for several years, showing a general trend of fluctuating total emissions. For instance, in 2022, total Scope 1 and 2 emissions were approximately 28.15 million kg CO2e (using location-based Scope 2), with Scope 3 emissions at approximately 9.16 million kg CO2e. In 2019, total Scope 1 and 2 emissions were approximately 37.53 million kg CO2e, with Scope 3 at about 100,000 kg CO2e. The company's reporting indicates that data for Scope 3 categories such as purchased goods and services and capital goods are still missing.