Koch Industries, Inc., a leading American multinational corporation, is headquartered in the United States and operates across various sectors, including energy, chemicals, and manufacturing. Founded in 1940 by Fred C. Koch, the company has evolved significantly, marking key milestones such as its expansion into diverse industries and its commitment to innovation. With a strong presence in North America and beyond, Koch Industries is renowned for its core products and services, which include refining, chemicals, and advanced materials. The company’s unique approach to operational efficiency and sustainability sets it apart in the competitive landscape. As one of the largest privately held companies in the US, Koch Industries continues to achieve notable success, solidifying its market position through strategic investments and a focus on long-term growth.
How does Koch Industries, Inc.'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.
Mean score of companies in the Crude Oil Extraction 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.
Koch Industries, Inc.'s score of 5 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Koch Industries, Inc. reported total carbon emissions of approximately 1,585,000,000,000 kg CO2e globally. This figure encompasses all emissions across their operations but does not specify the breakdown into Scope 1, 2, or 3 emissions. Currently, Koch Industries has not established any formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific reduction initiatives indicates a potential area for improvement in their climate strategy. The emissions data is sourced directly from Koch Industries, LLC, with no cascading from a parent or related organization. As the company continues to navigate the evolving landscape of climate commitments, further transparency and strategic planning may be necessary to align with industry standards and expectations.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Koch Industries, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.