GlobalData offers a comprehensive analysis of Kingsoft, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Kingsoft‘s ESG performance. GlobalData’s company profile on Kingsoft offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Kingsoft, a technology company, is committed to reducing emissions to address climate change. In terms of carbon emissions and greenhouse gas (GHG) emissions, the company's emissions have shown a trend of increase compared to the previous year. In 2022, the total direct greenhouse gas (GHG) emissions (scopes 1 and 2) reached 12,252.29 tonnes, marking an increase from the 2021 emissions of 9,598.98 tonnes. Specifically, direct GHG emissions (Scope 1) from petrol and natural gas amounted to 546.13 tonnes, higher than the 2021 figure of 220.61 tonnes. The company's total indirect GHG emissions (Scope 2) also rose from 9,378.38 tonnes in 2021 to 11,706.16 tonnes in 2022. It's noteworthy, however, that the GHG emissions per employee and per floor area exhibited a slight decrease, dropping from 0.12 in 2021 to 0.06 tonnes per square metre in 2022.
Kingsoft has taken several steps in reducing emissions, the company has implemented green operation practices, such as recycling waste toner cartridges, ink cartridges, and batteries. It has also focused on energy conservation and water conservation measures. Kingsoft incorporates green and low-carbon concepts into its research and development, supports customers' shift to digital and paperless offices, and promotes a low-carbon philosophy among its employees.
In terms of future plans, Kingsoft aims to develop green and low-carbon products to improve its competitive advantage and productivity. The company also plans to use green technologies in leased Internet Data Centres to lower operating costs and urges its suppliers to provide green services.
In conclusion, Kingsoft demonstrates a strong commitment to reducing its greenhouse gas (GHG) emissions within its operations. The company actively implements green operational practices, emphasizing energy and water conservation. Additionally, Kingsoft has strategic plans to develop green and low-carbon products, aligning with its proactive efforts to address climate change and contribute to environmental sustainability.
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