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Public Profile
Wholesale Trade
LT
updated a month ago

AB KN Energies

Company website

AB KN Energies, headquartered in Lithuania (LT), is a prominent player in the energy sector, specialising in the production and distribution of electricity and heat. Founded in 2001, the company has established itself as a leader in renewable energy solutions, focusing on sustainable practices that align with global environmental goals. With a strong operational presence across the Baltic region, AB KN Energies offers a diverse range of services, including energy generation, management, and innovative energy solutions. Their commitment to efficiency and sustainability sets them apart in a competitive market, earning them recognition for their contributions to energy innovation. Notable achievements include significant investments in renewable energy projects, positioning AB KN Energies as a key contributor to Lithuania's energy independence and sustainability efforts. The company continues to drive advancements in the energy industry, ensuring a reliable and eco-friendly energy future.

DitchCarbon Score

How does AB KN Energies'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.

43

Industry Average

Mean score of companies in the Wholesale Trade 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.

24

Industry Benchmark

AB KN Energies's score of 43 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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AB KN Energies's reported carbon emissions

In 2023, AB KN Energies reported total carbon emissions of approximately 117,127,000 kg CO2e. This figure includes 5,394,000 kg CO2e from Scope 1 emissions, 1,230,000 kg CO2e from Scope 2 emissions (market-based), and a significant 110,504,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 100,092,000 kg CO2e, with Scope 1 emissions at 5,878,000 kg CO2e, Scope 2 emissions (market-based) at 22,000 kg CO2e, and Scope 3 emissions at 94,192,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. AB KN Energies has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. The emissions data is not cascaded from any parent or related organization, indicating that AB KN Energies is reporting its own emissions independently. The company is actively disclosing its emissions across all three scopes, which is a positive step towards transparency in its climate impact.

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20222023
Scope 1
5,878,000
0,000,000
Scope 2
22,000
0,000,000
Scope 3
94,192,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AB KN Energies's primary industry is Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for AB KN Energies is in LT, which has a very low grid carbon intensity relative to other regions.

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.

AB KN Energies 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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