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 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.
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, while Scope 3 emissions were relatively low at approximately 6,790 kg CO2e, mainly from business travel. Comparatively, in 2022, the company’s total emissions were about 6,270,660 kg CO2e, indicating a reduction in emissions year-on-year. The breakdown for 2022 showed Scope 1 emissions at approximately 6,172,450 kg CO2e, Scope 2 emissions at about 88,970 kg CO2e, and Scope 3 emissions at around 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. The emissions data is sourced directly from World Kinect Corporation, with no cascaded data from a parent or related organization. The company is actively working towards its climate goals, reflecting a strong commitment to sustainability and emissions reduction.
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 | - | - | - |
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.