Kinik Company Sustainability Profile
Kinik Company, also known as Kinik, is a leading manufacturer in the abrasives industry, headquartered in Taiwan (TW). Established in 1962, Kinik has built a strong reputation for its innovative grinding wheels and cutting tools, serving various sectors including automotive, aerospace, and metalworking. With a commitment to quality and precision, Kinik's products are distinguished by their advanced technology and durability. Over the years, Kinik has achieved significant milestones, expanding its operational reach across Asia, Europe, and North America. The company is recognised for its extensive range of core products, including diamond and CBN grinding wheels, which are engineered to meet the highest industry standards. Kinik's dedication to research and development has solidified its position as a trusted partner in the abrasives market, making it a preferred choice for professionals seeking reliable and efficient solutions.
DitchCarbon Score
How does Kinik Company'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 Non-Metallic Mineral Mining 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
Kinik Company's score of 17 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kinik Company's reported carbon emissions
In 2023, Kinik Company reported total carbon emissions of approximately 42,418,470 kg CO2e. This figure includes 8,333,870 kg CO2e from Scope 1 emissions, 34,650,683.3 kg CO2e from Scope 2 emissions, and 7,512,232.7 kg CO2e from Scope 3 emissions, which notably includes 7,574,690 kg CO2e attributed to upstream transportation and distribution. Comparatively, in 2022, Kinik's total emissions were about 43,828,510 kg CO2e, with Scope 1 emissions at 8,235,680 kg CO2e, Scope 2 emissions at 35,592,838.8 kg CO2e, and Scope 3 emissions at 7,034,799.2 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Kinik Company has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. The company has not committed to any formal climate pledges or SBTi targets, indicating a potential area for future development in their sustainability strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 8,235,680 | 0,000,000 |
| Scope 2 | 35,592,838.8 | 00,000,000.0 |
| Scope 3 | 7,034,799.2 | 0,000,000.0 |
How Carbon Intensive is Kinik Company's Industry?
How Carbon Intensive is Kinik Company's Location?
Kinik Company's Scope 3 Categories Breakdown
Kinik Company's Scope 3 emissions, which increased by 7% last year and increased by approximately 7% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 15% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
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Kinik Company'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.
Kinik Company 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.
