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.
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.
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.
World Kinect's score of 9 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, and Scope 2 emissions at around 107,370 kg CO2e. Scope 3 emissions were relatively minor, totalling about 6,790 kg CO2e, mainly from business travel. The company has set ambitious climate commitments, aiming to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. Additionally, World Kinect is committed to reaching net-zero greenhouse gas emissions from international shipping by 2050, reflecting a long-term strategy to mitigate climate impact. This emissions data is sourced directly from World Kinect Corporation, with no cascaded data from parent or related organizations. The company is actively working towards its reduction targets, demonstrating a proactive approach to sustainability in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | - |
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.
