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.
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.
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.
Kyndryl's score of 79 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Kyndryl Holdings, Inc. reported total carbon emissions of approximately 1,495,000 kg CO2e, comprising 495,000 kg CO2e from Scope 1 and 1,000,000 kg CO2e from Scope 2 emissions. In the previous year, 2023, the company disclosed significantly higher emissions, with Scope 1 emissions at approximately 37,316,000 kg CO2e and Scope 2 emissions at about 281,013,000 kg CO2e, alongside Scope 3 emissions totalling approximately 1,000,000 kg CO2e across various categories, including purchased goods and services, capital goods, and employee commuting. Kyndryl has set ambitious climate commitments, validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions by 2040. As part of its near-term targets, Kyndryl commits to reducing 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. Additionally, Kyndryl plans to reduce Scope 3 emissions from purchased goods and services, capital goods, and fuel and energy-related activities by 36.5% within the same timeframe. Kyndryl's progress includes a 9% reduction in Scope 1 emissions and an 8% reduction in Scope 2 market-based emissions compared to the fiscal 2023 baseline. These initiatives reflect Kyndryl's commitment to sustainability and its proactive approach to addressing climate change within the technology sector.
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2023 | 2024 | |
---|---|---|
Scope 1 | 37,316,000 | 000,000 |
Scope 2 | 281,013,000 | 0,000,000 |
Scope 3 | 725,572,000 | - |
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.