World Kinect
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 54% 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 around 107,370 kg CO2e, mainly from purchased electricity, while Scope 3 emissions totalled about 6,790 kg CO2e, largely from business travel. Comparatively, in 2022, the company’s total emissions were approximately 6,270,660 kg CO2e, with Scope 1 emissions at about 6,172,450 kg CO2e, Scope 2 at 88,970 kg CO2e, and Scope 3 at 4,170 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. World Kinect has set ambitious climate commitments, aiming to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. Additionally, the company is committed to reaching net-zero greenhouse gas emissions from international shipping by 2050. These targets reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by World Kinect Corporation.
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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 | - | - | - |
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.
World Kinect 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.
