KMG International N.V. Sustainability Profile
KMG International N.V., commonly referred to as KMG, is a prominent player in the energy sector, headquartered in the Netherlands. Founded in 1994, the company has established a strong presence in various operational regions, including Eastern Europe and Central Asia. KMG International is primarily engaged in the oil and gas industry, focusing on refining, distribution, and retail of petroleum products. The company is known for its core offerings, which include high-quality fuels and lubricants, distinguished by their innovative formulations and commitment to sustainability. KMG has achieved significant milestones, including expanding its refining capacity and enhancing its market position through strategic partnerships. With a reputation for reliability and excellence, KMG International continues to be a key contributor to the energy landscape, driving growth and innovation in the sector.
DitchCarbon Score
How does KMG International N.V.'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 Real Estate 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
KMG International N.V.'s score of 48 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KMG International N.V.'s reported carbon emissions
In 2024, KMG International N.V. reported total carbon emissions of approximately 17.5 billion kg CO2e, comprising 885,099,000 kg CO2e from Scope 1, 121,228,000 kg CO2e from Scope 2, and about 16.5 billion kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, achieving a 5% reduction in CO2 emissions for its Refining Business Unit in 2017 compared to the previous year. Looking ahead, KMG International has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050. This strategy encompasses all scopes of emissions, with specific targets to reduce net greenhouse gas emissions by at least 55% by 2030, relative to 1990 levels, for both Scope 1 and Scope 2 emissions. These commitments are part of a comprehensive decarbonisation strategy approved by the board of directors in 2022. The emissions data for KMG International is cascaded from its parent company, reflecting its status as a current subsidiary. The company continues to align its operations with industry standards for climate action, focusing on transparency and accountability in its emissions reporting.
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| 2017 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,028,782,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 62,381,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 48,018,000 | 000,000.00 | 000,000.00 | 00,000,000,000 |
How Carbon Intensive is KMG International N.V.'s Industry?
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KMG International N.V.'s Scope 3 Categories Breakdown
KMG International N.V.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 77% of Scope 3 emissions.
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KMG International N.V.'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.
KMG International N.V. 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.
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