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 17,525,816,000 kg CO2e, with emissions distributed across various scopes: 885,099,000 kg CO2e for Scope 1, 121,228,000 kg CO2e for Scope 2 (market-based), and 16,519,489,000 kg CO2e for Scope 3. The previous year, 2023, saw total emissions of about 35,2691.04 kg CO2e, comprising 66,264,000 kg CO2e (Scope 1), 36,020,000 kg CO2e (Scope 2), and 350,587.96 kg CO2e (Scope 3). KMG International has set ambitious climate commitments, aiming for net-zero emissions by 2050. This long-term target encompasses all scopes, with a comprehensive decarbonisation strategy approved by the board in 2022. Additionally, the company has committed to reducing net greenhouse gas emissions by at least 55% by 2030, relative to 1990 levels, specifically targeting Scope 1 and Scope 2 emissions. The emissions data is cascaded from KMG International N.V. as a current subsidiary, reflecting its corporate family relationship. The company continues to work towards enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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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.
