Kuehne + Nagel

Air Freight & Logistics / Marine
KNIN.SW
GBP 259 3.3
Share price
$ 31 bn
Market Cap
$ 32 bn
Enterprise Value

Carbon footprint

9.7 Ton
GHG emissions per $ 1 mln investment
0.35x the weighted average for S&P 500
FY2020
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-0.8%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

Kuehne + Nagel aims to reduce all Scopes by 33% by 2030 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
<2°C
Kuehne + Nagel's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Kuehne + Nagel's GHG emissions (location-based) (Kt of CO2e)
Kuehne + Nagel's Carbon intensity (Tons per 1 USDm)

Kuehne + Nagel's carbon footprint

Kuehne + Nagel reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 310 Kt (-50 /-13.9% y-o-y). Also positively, carbon intensity fell to 14 t (-2.8 /-16.7% y-o-y).

Kuehne + Nagel's Scope 3 emissions tumbled to 13,200 Kt (-4,900 /-27.1% y-o-y). The decline accelerated compared to the CAGR of -11% since 4Q'18.

The company is committed to reducing all Scopes by 33% by 2030 from a base year 2019, which it appears to have already achieved as of 2020. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Kuehne + Nagel aims to achive carbon neutrality across its entire value chain (all Scopes) in 2030. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

Show more...