Kyndryl
Kyndryl, officially known as Kyndryl Holdings, Inc., is a leading global technology services company headquartered in the United States. Established in 2021 as a spin-off from IBM, Kyndryl focuses on managing and modernising critical IT infrastructure for businesses worldwide. With a strong presence in North America, Europe, and Asia, the company operates within the information technology and services industry. Kyndryl offers a range of core services, including cloud services, data and AI solutions, and digital transformation consulting, all designed to enhance operational efficiency and drive innovation. Its unique approach combines deep industry expertise with advanced technology, positioning Kyndryl as a trusted partner for enterprises navigating complex digital landscapes. Recognised for its commitment to excellence, Kyndryl continues to achieve significant milestones, solidifying its status as a key player in the global IT services market.
DitchCarbon Score
How does Kyndryl'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 Computer 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
Kyndryl's score of 74 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kyndryl's reported carbon emissions
In 2023, Kyndryl Holdings, Inc. reported total carbon emissions of approximately 1,043,901,000 kg CO2e. This includes 37,316,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 281,013,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company also disclosed significant Scope 3 emissions, totalling about 725,572,000 kg CO2e, which includes emissions from the supply chain and other indirect sources. Kyndryl has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2040. By 2030, the company plans to reduce its Scope 1 and 2 emissions by 75% from a 2023 baseline. Additionally, Kyndryl targets a 50% reduction in total Scope 1, 2, and 3 emissions by 2030, with specific goals to cut Scope 3 emissions from purchased goods and services, capital goods, and fuel and energy-related activities by 36.5% within the same timeframe. These commitments align with industry standards and reflect Kyndryl's dedication to sustainability and climate responsibility, positioning the company as a leader in the technology sector's transition towards a low-carbon economy.
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| 2023 | |
|---|---|
| Scope 1 | 37,316,000 |
| Scope 2 | 281,013,000 |
| Scope 3 | 725,572,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Kyndryl is committed to some reduction initiatives 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.
