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 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kyndryl's reported carbon emissions
In 2023, Kyndryl Holdings, Inc. reported total carbon emissions of approximately 37316000 kg CO2e for Scope 1 and about 281013000 kg CO2e for Scope 2 (market-based). The company also disclosed significant Scope 3 emissions, including approximately 390206000 kg CO2e from purchased goods and services, 58619000 kg CO2e from capital goods, and 102613000 kg CO2e from employee commuting. Kyndryl has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2040. The company has validated its targets through the Science Based Targets initiative (SBTi), committing to reduce absolute Scope 1 and 2 emissions by 75% and total Scope 1, 2, and 3 emissions by 50% by 2030, using 2023 as the baseline year. Furthermore, Kyndryl aims to achieve a 90% reduction in absolute emissions across all scopes by 2040. These targets reflect Kyndryl's commitment to sustainability and align with industry standards for climate action, demonstrating a proactive approach to reducing its carbon footprint in the technology sector.
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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 participating in some 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.
