M-KOPA
M-KOPA, a leading provider of pay-as-you-go solar energy solutions, is headquartered in Nairobi, Kenya. Founded in 2011, the company has made significant strides in the renewable energy sector, primarily serving East Africa, including Kenya, Uganda, and Tanzania. M-KOPA's innovative approach allows customers to access affordable solar power without the burden of upfront costs, making clean energy accessible to millions. The company offers a range of products, including solar home systems, mobile phone charging solutions, and energy-efficient appliances. M-KOPA's unique financing model enables users to pay for their systems in instalments, promoting financial inclusion and sustainability. With over a million systems sold, M-KOPA has established itself as a market leader, recognised for its commitment to improving energy access and enhancing the quality of life for underserved communities.
DitchCarbon Score
How does M-KOPA'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 Financial Intermediation 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
M-KOPA's score of 28 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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M-KOPA's reported carbon emissions
In 2021, M-KOPA reported total carbon emissions of approximately 4,336,000,000 kg CO2e, which includes Scope 1 emissions of about 3,868,000,000 kg CO2e and Scope 2 emissions of around 468,000,000 kg CO2e. Additionally, Scope 3 emissions from business travel and employee commuting were approximately 2,000,000 kg CO2e. This data reflects a significant commitment to transparency in emissions reporting, inherited from its parent company, M-KOPA Kenya Limited. M-KOPA has set an ambitious target to achieve Net-Zero Emissions by 2050, as outlined in their Medium-term Management Plan. This long-term commitment encompasses all scopes of emissions, demonstrating a proactive approach to climate action. The company aims to start implementing this strategy from 2023, aligning with global efforts to mitigate climate change. Overall, M-KOPA's emissions data and climate commitments highlight its dedication to reducing its carbon footprint and contributing to a sustainable future.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 3,189,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 587,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 21,000,000 | 00,000,000 | 0,000,000 |
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.
M-KOPA 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.
