World Kinect Sustainability Profile
World Kinect Energy Services, commonly referred to as World Kinect, is a leading provider of energy management solutions headquartered in the United States. Founded in 2019, the company has rapidly established itself in the energy sector, focusing on innovative services that enhance energy efficiency and sustainability across various industries. With a strong presence in North America and expanding operations globally, World Kinect offers a diverse range of products, including energy procurement, risk management, and sustainability consulting. Their unique approach combines advanced technology with expert insights, enabling clients to optimise their energy usage and reduce costs effectively. Recognised for its commitment to excellence, World Kinect has achieved significant milestones in energy innovation, positioning itself as a trusted partner for businesses seeking to navigate the complexities of the energy landscape.
DitchCarbon Score
How does World Kinect'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 Electricity Distribution 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
World Kinect's score of 15 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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World Kinect's reported carbon emissions
In 2023, World Kinect reported total carbon emissions of approximately 5,590,000 kg CO2e, with significant contributions from Scope 1 emissions at about 5,472,290 kg CO2e, primarily from mobile combustion, which accounted for approximately 9,288,000 kg CO2e. Scope 2 emissions were reported at about 107,370 kg CO2e, mainly from purchased electricity, while Scope 3 emissions totalled approximately 6,790 kg CO2e, with business travel contributing about 109,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were approximately 6,270,660 kg CO2e, indicating a reduction in emissions year-on-year. The Scope 1 emissions for 2022 were about 6,172,450 kg CO2e, and Scope 2 emissions were around 88,970 kg CO2e, with Scope 3 emissions at approximately 4,170 kg CO2e. World Kinect has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions from international shipping by 2050. Additionally, the company is committed to reducing its Scope 1 and 2 emissions to near zero by the middle of this decade, specifically targeting the years 2023 to 2025. This data reflects World Kinect's proactive approach to addressing climate change and its commitment to sustainability within the industry.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 51,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is World Kinect's Industry?
How Carbon Intensive is World Kinect's Location?
World Kinect's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
World Kinect has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
