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 25 is higher than 87% 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, a reduction from about 6,270,660 kg CO2e in 2022. The emissions breakdown for 2023 includes approximately 5,472,290 kg CO2e from Scope 1, 107,370 kg CO2e from Scope 2, and 6,790 kg CO2e from Scope 3. This indicates a significant focus on reducing direct emissions, particularly in Scope 1. World Kinect has set ambitious climate commitments, aiming to reduce total annual greenhouse gas (GHG) emissions by at least 20% by 2030 and 70% by 2040, relative to a baseline year of 2008. Furthermore, the company is committed to achieving net-zero GHG emissions from international shipping by 2050. In the near term, they aim to reduce Scope 1 and 2 emissions to near zero by 2025. These initiatives reflect World Kinect's dedication to sustainability and its proactive approach to addressing climate change, aligning with industry standards for emissions reduction and climate action.
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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.
