Kion

Kion, headquartered in Germany and operating in real estate services, reported its Scope 1, 2, and 3 carbon emissions.

In 2025, Kion's total disclosed emissions were approximately 21.3 billion kg CO2e, with Scope 1 emissions at approximately 90.67 million kg CO2e, Scope 2 market-based emissions at approximately 30.99 million kg CO2e, and Scope 3 use of sold products emissions at approximately 17.57 billion kg CO2e.

For 2024, Kion reported total emissions of approximately 16.16 billion kg CO2e. This included Scope 1 emissions of approximately 108.4 million kg CO2e, Scope 2 market-based emissions of approximately 38.15 million kg CO2e (and location-based at approximately 77.18 million kg CO2e), and Scope 3 emissions of approximately 16.01 billion kg CO2e. Key categories within Scope 3 were use of sold products at approximately 12.56 billion kg CO2e and purchased goods and services at approximately 2.82 billion kg CO2e.

In 2023, Kion’s Scope 1 emissions were approximately 110.77 million kg CO2e, Scope 2 market-based emissions were approximately 35.29 million kg CO2e (and location-based at approximately 77.44 million kg CO2e), and Scope 3 emissions were approximately 17.58 billion kg CO2e. Use of sold products accounted for approximately 14.22 billion kg CO2e and purchased goods and services for approximately 2.76 billion kg CO2e within Scope 3.

Looking back, Kion's 2022 emissions included Scope 1 at approximately 107.78 million kg CO2e, Scope 2 market-based at approximately 35.32 million kg CO2e (and location-based at approximately 77.75 million kg CO2e), and Scope 3 at approximately 21.3 billion kg CO2e, with use of sold products at approximately 17.78 billion kg CO2e. In 2021, total emissions were approximately 23.63 billion kg CO2e, with Scope 1 at approximately 111.48 million kg CO2e, Scope 2 market-based at approximately 37.88 million kg CO2e, and Scope 3 at approximately 23.48 billion kg CO2e, including use of sold products at approximately 19.76 billion kg CO2e. For 2020, Kion's Scope 1 emissions were approximately 106.88 million kg CO2e and Scope 2 market-based emissions were approximately 35.81 million kg CO2e. In 2019, Scope 1 emissions were approximately 121.41 million kg CO2e and Scope 2 market-based emissions were approximately 72.64 million kg CO2e.

Climate Commitments: Kion has set ambitious climate commitments, with its targets validated by the Science Based Targets initiative (SBTi). Kion commits to achieving net-zero greenhouse gas emissions across its entire value chain (Scope 1, 2, and 3) by no later than 2050, aligning with the 1.5°C goal of the Paris Agreement.

Near-Term Targets:

• Scope 1 and 2: Kion aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 base year.
• Scope 3: Kion also commits to reducing absolute Scope 3 GHG emissions from the use of sold products and downstream leased assets by 25% within the same timeframe (2021-2030).
• Supplier Engagement: Kion targets that 5% of its suppliers, by emissions covering purchased goods and services, will have science-based targets by 2029.

Long-Term Targets:

• Overall Reduction: Kion commits to an absolute reduction of Scope 1, 2, and 3 GHG emissions by 90% by 2050, from a 2021 base year.
• Net-Zero: The ultimate goal is to reach net-zero greenhouse gas emissions across the value chain by 2050.

These targets demonstrate Kion's commitment to minimising its contribution to global warming and progressing towards a sustainable future in the real estate services industry.