Kingsoft Corporation Sustainability Profile
Kingsoft Corporation, also known as Kingsoft, is a prominent Chinese software company headquartered in Beijing, CN. Founded in 1988, Kingsoft has established itself as a leader in the software industry, particularly in the realms of office productivity, cloud services, and cybersecurity solutions. The company is renowned for its flagship products, including WPS Office, a versatile office suite that offers unique features such as cross-platform compatibility and a user-friendly interface. Kingsoft's commitment to innovation has positioned it as a key player in the competitive software market, with significant operations across Asia and expanding influence globally. With a strong focus on enhancing user experience and productivity, Kingsoft continues to achieve notable milestones, solidifying its reputation as a trusted provider of software solutions.
DitchCarbon Score
How does Kingsoft Corporation'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 Computer Services 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
Kingsoft Corporation's score of 27 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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Kingsoft Corporation's reported carbon emissions
In 2023, Kingsoft Corporation, headquartered in CN, reported total carbon emissions of approximately 133,245,190 kg CO2e across all scopes. This includes 66,570 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 58,941,320 kg CO2e from Scope 2 emissions, primarily from purchased electricity. The company also disclosed significant Scope 3 emissions, amounting to about 133,245,190 kg CO2e, which includes emissions from capital goods, business travel, employee commuting, and purchased goods and services. In comparison, the 2022 emissions data indicated a total of approximately 35,850,340 kg CO2e from Scope 1 and 2 combined, with Scope 1 emissions at 53,430 kg CO2e and Scope 2 emissions at 35,796,910 kg CO2e. The 2021 data showed a total of about 9,519,540 kg CO2e from Scope 1 and 2, with Scope 1 emissions at 141,160 kg CO2e and Scope 2 emissions at 9,578,380 kg CO2e. Despite the substantial emissions figures, Kingsoft Corporation has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Science-Based Targets Initiative (SBTi) targets or other formal climate pledges. The absence of reduction initiatives suggests a need for further commitment to climate action within the industry context. Overall, Kingsoft Corporation's emissions data reflects a significant carbon footprint, particularly in Scope 3 emissions, highlighting the importance of comprehensive strategies to address climate impact moving forward.
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| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 546,880 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 9,390,390 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 |
How Carbon Intensive is Kingsoft Corporation's Industry?
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Kingsoft Corporation's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
Kingsoft Corporation'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.
Kingsoft Corporation 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.
