Kion Group

Industrial Machinery
KGX.DE
€ 49 5.9
Share price
$ 6.9 bn
Market Cap
$ 9.3 bn
Enterprise Value

Carbon footprint

20 Ton
GHG emissions per $ 1 mln investment
0.72x the weighted average for S&P 500
FY2020
How is this calculated?
-11%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-2.7%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Kion Group aims to reduce Scope 1 + 2 by 30% by 2027 from a base year 2017


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

GHG emissions and Carbon intensity

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

Kion Group's carbon footprint

Kion Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 190 Kt (-24 /-11.3% y-o-y). Also positively, carbon intensity declined to 20 t (-2.1 /-9.7% y-o-y).

Kion Group's Scope 3 emissions plummeted to 29 Kt (-3.9 /-11.9% y-o-y). The decline accelerated compared to the CAGR of -2.9% since 4Q'16.

The company is committed to reducing Scope 1 + 2 by 30% by 2027 from a base year 2017, which translates into the estimated reduction of -5.2 Kt per annum over the period of FY2021 - FY2027. 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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