Kinly

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Kinly committed to procure certified 100% renewable electricity for all Kinly sites under its supply control by 2025. As of Dec 2022, 98% of Scope 2 emissions were already covered by REGO (Renewable Energy Guarantees of Origin) certified renewable supply. Two leased offices remain outside direct control; Kinly is working with landlords to switch them to 100% renewables. When renewables are factored in, 2022 emissions decreased 23% (66.1 tCO2e reduction) vs 2021 baseline.

No narrative on durable removals approach in the firm's most recent reports.

• Hybrid work solutions reducing customer travel emissions

  Kinly provides AV, video and collaboration solutions, and frames its core offering as enabling hybrid work that reduces emissions. The company positions sustainability as central to its business mission ('vårt samfunnsoppdrag og eksistensgrunnlag er basert på bærekraft').

• Office energy efficiency & LED retrofit

  In 2022 London head office: 30% of fluorescent fittings replaced with LED, 75% of warehouse high-level lighting and 30% of external lighting upgraded to LED. 30% of air conditioning replaced with modern energy-efficient appliances with lower GHG potential. Passive infrared sensors with ~15 min timers in most of the building. Auto-switch off systems for utilities, heating, cooling and lighting outside working hours.

• Laptop and IT equipment refresh

  In 2022 Kinly rolled out new laptops to most employees, achieving a 7% CO2e reduction on a laptop-by-laptop basis. Planned 30% reduction in printers across office portfolio completed, reducing both paper and energy usage.

• Property footprint consolidation

  Closed over-capacity offices and consolidated business operations to a smaller property footprint during 2021 and 2022 reporting periods. Signed lease on new London head office with vastly improved sustainability credentials compared to previous property. Target: all new properties to be BREEAM/LEED carbon neutral from 2030.

• Vehicle fleet transition to ULEV & EV salary sacrifice

  Kinly targets 100% Ultra Low Emission Vehicles (ULEV) fleet by 2035 and plans to launch an EV Salary Sacrifice scheme for UK workforce. Vehicle trackers are used to select the nearest vehicle to work activity and encourage improved driving styles, supported by extended driver training.

• Supply chain sustainability monitoring via EcoVadis

  Kinly uses the EcoVadis platform to standardise sustainability performance reporting from major suppliers, requiring all major suppliers to either have valid scorecards or plans to move to standardised reporting. Risk mapping covers all suppliers with annual spend over €5,000, scoring them on environmental, social and ethical risks based on industry, geography, spend, criticality and public sustainability performance. Performance is reviewed through quarterly and annual business reviews.

• Supplier sustainability via EcoVadis assessments

  Kinly requires its largest and most important suppliers to undergo independent EcoVadis sustainability assessments covering environment, labour & human rights, ethics, and sustainable procurement. Of 97 relevant suppliers (>NOK 50,000/yr spend), 17 had completed full EcoVadis ratings by mid-2024. Sustainability assessments are included in the annual supplier evaluation. Supplier Code of Conduct compliance is contractually required, including pass-through to sub-suppliers.

• Responsible sourcing of minerals and metals

  Kinly identifies its highest supply-chain risks at the raw-material end of the AV electronics value chain — mining of gold, lithium, cobalt, tin, aluminium and rare earths, which is associated with child/forced labour and water pollution. Mitigation is via the Kinly Supplier Code of Conduct (in force >8 years), EcoVadis risk scoring, and corrective action plans for high-risk suppliers.

• Supplier engagement & SBTi alignment

  Plans to work with suppliers to understand their emissions and encourage them to set SBTi-aligned carbon reduction targets. Revising procurement policy to require circular policies/strategies, durability, ease of maintenance and recycling. New partners onboarded will be required to demonstrate commitment to reducing GHG emissions as part of their contract.

• Client business travel reduction via e-conferencing

  Kinly promotes an 'e-conferencing facility first' approach to client meetings, helping clients reduce daily commutes and overall business travel via visual collaboration solutions. Considering PAS 2060 verified carbon neutrality which would allow services to clients to be counted as zero emissions.