Kindred Group

Casinos & Gaming
KIND-SDB.ST
SEK 99 0.3
Share price
$ 2.2 bn
Market Cap
$ 2.2 bn
Enterprise Value

Carbon footprint

0.85 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2021
How is this calculated?
-7.4%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-40%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Kindred Group aims to reduce Scope 1 + 2 by 85% by 2023 from a base year 2018


This target has not been verified as science based according to SBTi
Kindred Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Kindred Group's GHG emissions (location-based) (Kt of CO2e)
Kindred Group's Carbon intensity (Tons per 1 USDm)

Kindred Group's carbon footprint

Kindred Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1.8 Kt (-0.15 /-7.4% y-o-y). Also positively, carbon intensity was down at 1.1 t (-0.3 /-21.4% y-o-y).

Kindred Group's Scope 3 emissions decreased to 0.84 Kt (-0.64 /-43.1% y-o-y). This is broadly in line with the declining trend (CAGR -46.4%) since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 85% by 2023 from a base year 2018, which translates into the estimated reduction of -0.74 Kt per annum over the period of FY2022 - FY2023. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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