KYNDRYL HOLDINGS, INC. — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (3/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

sustainability report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	37,834
Scope 2 (market-based)	196,405
Scope 3	709,713
Cat 1 · Purchased goods	504,096
Cat 2 · Capital goods	31,122
Cat 3 · Fuel + energy	75,578
Cat 4 · Upstream transport	434
Cat 5 · Waste in operations	1,291
Cat 6 · Business travel	43,751
Cat 7 · Employee commuting	53,441
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	943,952
Net carbon footprint	943,952

Energy (kWh)

Electricity	1.3B
Fuel (stationary + mobile)	129.1M
Heat / steam	29.3M
Total energy	1.4B
Renewable energy	(728.2M)
Non-renewable / hydrocarbon	690.1M
Renewable electricity %	58%

Nature

water consumption m3

1.2Mm3

Social

employee turnover pct	8%
training hours per employee	39hours
h s total recordable injury rate	0per 200000 hours

Governance

audit assurance climate levelⓘ	1level
board independence pct	90%

P&L highlights (USD)

Headcount (FTE)	73,000people
Revenue	15.1B

Balance sheet highlights (USD)

Cash & equivalents

1.8B

Events 2025· 25

Dependent: Business travel emission reduction through internal policy changes

Business travel (Scope 3 Cat 6: 43,751 tCO2e in FY2025) is a material dependent lever. In FY2025, Kyndryl implemented stricter controls on reducing business travel-related emissions by modifying internal travel policies, contributing to progress against the near-term SBTi target. Emissions are tracked using a hybrid distance- and spend-based methodology using U.K. Defra factors and supplier-specific data from Kyndryl's main business travel service provider.

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Dependent: Employee commuting decarbonization through hybrid work and digitized workplace solutions

Employee commuting (Scope 3 Cat 7: 53,441 tCO2e in FY2025) is tracked via employee surveys extrapolated to the full workforce. Long-term decarbonization strategies include enabling hybrid work models and providing customers with digitized workplace solutions that help reduce on-site commuting emissions. Kyndryl's long-term planning horizon explicitly includes decarbonization of employee commuting as part of the net-zero strategy. The company also offers customers solutions for hybrid office strategies to reduce their own employee commuting and onsite emissions.

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ISO 45001 Health and Safety certification

Obtained enterprise-wide certification of Health and Safety Management System to ISO 45001 standard.

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Water reduction target in water-stressed areas

Goal to reduce total water consumption in data centers and operated offices in high water-stressed areas by 30% by 2030 against fiscal 2023 base year.

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100% IT e-waste diversion from landfill by 2030

Aim to divert 100% of IT e-waste from landfills by 2030 through reuse, resale and recycling. Fiscal 2025 diversion rate was 99.99% (9 kg landfilled).

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100% renewable electricity by 2030

Target to obtain 100% of purchased electricity through renewable sources by 2030, following RE100 guidance.

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Joined CDP Supply Chain program

Joined CDP Supply Chain program to better understand suppliers' carbon reduction programs and accurately estimate supply chain emissions from top-tier suppliers.

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ISO 14001 and 50001 certifications obtained

Obtained global ISO 14001 and 50001 certifications for Environmental and Energy Management System (E&EnMS).

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Renewable electricity procurement targeting 100% by 2030 (RE100 aligned)

In fiscal 2025, 58% of purchased electricity came from renewable sources (up from 51% in FY23 and FY24). Kyndryl aims to follow RE100 guidance as it manages renewable energy procurement toward its goal of 100% renewable electricity by 2030. Energy efficiency and renewable energy use are considered when selecting new data center locations.

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No durable carbon removals program disclosed

Report does not disclose use of durable carbon removals (DAC, BECCS, biochar) or offsets. Strategy focuses on absolute emission reductions through data center transformation, energy efficiency, renewable electricity procurement and supply chain engagement rather than removals or offsets.

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see 15 more events →

2024

cdp response ↗sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	33,890
Scope 2 (market-based)	258,113
Scope 3	740,210
Cat 1 · Purchased goods	390,206
Cat 2 · Capital goods	58,619
Cat 3 · Fuel + energy	138,568
Cat 4 · Upstream transport	1,115
Cat 5 · Waste in operations	2,022
Cat 6 · Business travel	32,429
Cat 7 · Employee commuting	102,613
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	1M
Net carbon footprint	1M

Energy (kWh)

Electricity	1.4B
Fuel (stationary + mobile)	117M
Heat / steam	157.7M
Total energy	1.6B
Renewable energy	(719.7M)
Non-renewable / hydrocarbon	863.5M
Renewable electricity %	51%

Nature

water consumption m3

1.2Mm3

Social

employee turnover pct	10%
training hours per employee	27hours
h s total recordable injury rate	0per 200000 hours
supply chain audited pctⓘ	97%

Governance

audit assurance climate levelⓘ	1level
workforce board female pct	30%
board diversity pct	50%
board independence pct	90%
esg linked executive pay yn	1yn

P&L highlights (USD)

Headcount (FTE)	80,000people
Revenue	16.1B

Balance sheet highlights (USD)

Cash & equivalents

1.6B

Events 2024· 21

Primary: Energy efficiency, mainframe modernization and AI-driven cooling

Achieved nearly 19,000 MWh of energy efficiency savings in fiscal 2024, generating ~$2.6 million savings. Retiring/consolidating energy intensive mainframes saved ~3,500 mtCO2e. Implementing AI/automation-driven cooling and airflow projects. EU Code of Conduct for Energy Efficiency in Data Centres participants achieved weighted average PUE 1.7 vs overall 1.8.

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Double materiality assessment conducted

In 2024, Kyndryl conducted a double materiality assessment executed by a third party. Identified 5 material topics: business conduct & ethics, culture & employee experience, cybersecurity, GHG & climate, and responsible supply chain.

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Limited assurance obtained for Scope 1, 2 FY2024 (ISAE3000)

Kyndryl obtained third-party limited assurance (ISAE3000) from ERM CVS for Scope 1 and Scope 2 (both location- and market-based) emissions for FY2024. Scope 3 FY2024 data is estimated using FY2023 assured figures; FY2024 Scope 3 assurance is underway.

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ISO 14001 and ISO 50001 global certifications obtained

Kyndryl obtained global ISO 14001 (Environmental Management) and ISO 50001 (Energy Management) certifications for its integrated Environmental and Energy Management System during FY2024.

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100% renewable electricity by 2030 via EACs, PPAs and bundled contracts

Kyndryl targets 100% of purchased electricity from renewable sources by FY2030 (end 03/31/2030), having achieved 51.4% in FY2024. The strategy uses unbundled Energy Attribute Certificates (I-RECs, GOs, US-RECs, LGCs), physical PPAs (e.g. Belgium wind PPA), retail green electricity contracts, and bundled renewable energy embedded in co-location provider contracts. Kyndryl conservatively estimates $1M/year for unbundled EAC procurement and works with Operations, Procurement, and Finance to secure renewable energy across 30+ countries. The firm also installs on-site renewable generation and migrates client workloads to cloud providers using up to 100% renewable energy.

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Permanent carbon removals planned to neutralize residual emissions at net-zero in 2040

Kyndryl's SBTi-validated net-zero target (NZ100) explicitly commits to neutralizing any residual emissions with permanent carbon removals at the end of the 2040 target. The firm has not yet purchased or retired carbon credits and does not plan to use offsets for beyond-value-chain mitigation. Kyndryl states it will evaluate specific removal mechanisms as it approaches the net-zero date, and has not yet finalized near-term investment plans for neutralization.

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Primary: Datacenter transformation and asset-light strategy

Kyndryl is consolidating legacy data centers and migrating IT workloads to more modern, energy-efficient locations including hyperscale cloud providers. Site selection criteria include energy efficiency and renewable energy use. The strategy reduces Scope 1 and location-based Scope 2 emissions by closing high-carbon, energy-intensive facilities. Scope 1 fell 9.2% in FY2024 vs FY2023 primarily due to asset reduction. The firm has one of the largest portfolios accepted into the EU Code of Conduct for Energy Efficiency in Data Centers.

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Primary: Energy efficiency in data centers and offices

Kyndryl implements energy efficiency projects including cooling and airflow improvements (cold aisle installations, CRAC unit rightsizing), IT equipment modernization and refreshing, virtualization of IT workloads, replacement of energy-intensive mainframes with newer technology, and LED lighting upgrades. In FY2024, 153 projects were fully implemented saving ~5,400 tCO2e/year and ~$2.7M. 193 projects are in implementation with 7,300 tCO2e/year estimated savings. Projects are prioritized using ROI calculations and marginal abatement cost curve analysis.

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Dependent: Supply chain decarbonization via EcoVadis and SBTi engagement

Kyndryl's largest source of emissions is Scope 3 (categories 1 and 2 from purchased goods and services and capital goods comprise ~448,825 tCO2e of the ~906K tCO2e baseline). The firm uses the EcoVadis platform to map ~140 top-tier suppliers covering ~90% of Cat 1+2 emissions. In FY2024 Kyndryl engaged with 90% of high-impact suppliers to share its emissions reduction strategy, provides SBTi awareness training, and tracks net-zero commitments. Suppliers must sign the RBA Code of Conduct. Kyndryl has developed a Scope 3 roadmap for Cat 1, 2 and 3 reduction requirements aligned to its SBTi near-term target.

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Primary: Business travel and employee commuting reduction

Business travel (32,429 tCO2e in FY2023/24) and employee commuting (102,613 tCO2e) are identified as key long-term decarbonization levers. Kyndryl notes these as part of its long-term net-zero strategy and plans to introduce employee education and awareness initiatives. The company's hybrid workplace strategy and digitization of work processes are cited as tools to reduce commuting-related emissions. Business travel emissions are calculated using AMEX GBT data with distance- and spend-based emission factors.

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see 11 more events →

2023

sustainability report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	37,316
Scope 2 (market-based)	281,013
Scope 3	725,572
Cat 1 · Purchased goods	390,206
Cat 2 · Capital goods	58,619
Cat 3 · Fuel + energy	138,568
Cat 4 · Upstream transport	1,115
Cat 5 · Waste in operations	2,022
Cat 6 · Business travel	32,429
Cat 7 · Employee commuting	102,613
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	1M
Net carbon footprint	1M

Energy (kWh)

Electricity	1.4B
Fuel (stationary + mobile)	183.5M
Heat / steam	44.5M
Total energy	1.7B
Renewable energy	(731.5M)
Non-renewable / hydrocarbon	939M
Renewable electricity %	51%

Nature

water consumption m3	1.2Mm3
waste recycled t	5,424tonnes
waste hazardous t	1,188tonnes
waste landfill t	1,559tonnes
water withdrawal m3	2Mm3
waste generated t	6,983tonnes

Social

workforce management female pct	28%
training hours per employee	98hours
supply chain audited pctⓘ	5%
employee turnover pct	14%
workforce female pct	29%
ethnicity minority pct	30%

Governance

board diversity pct	50%
workforce board female pct	30%
esg linked executive pay yn	1yes/no
board independence pct	90%
audit assurance climate levelⓘ	1level

P&L highlights (USD)

Headcount (FTE)	90,000people
Revenue	17B

Balance sheet highlights (USD)

Cash & equivalents

1.8B

Events 2023· 33

Water consumption 30% reduction target by 2030

Goal to reduce total water consumption in high water-stressed areas by 30% by 2030, against fiscal 2023 baseline.

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75% reduction Scope 1+2 by 2030 (Abs 2)

Near-term SBTi-aligned target to reduce Scope 1 and 2 market-based GHG emissions by 75% by 2030 from a FY2023 base year of 318,329 tCO2e (S1+S2 market-based).

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Net Zero 2040 target announced (all scopes)

In December 2022 (fiscal year 2023), Kyndryl announced a net zero GHG emissions goal by 2040 covering Scopes 1, 2, and 3, aligned with SBTi Net Zero Standard. In April 2023, committed to seeking SBTi validation.

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100% renewable electricity target by 2030

Kyndryl committed to obtaining 100% of purchased electricity through renewable sources by 2030, starting from a 51% base in FY2023. Aligned with RE100 guidance.

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Procurement of renewable electricity via RECs, GOs, I-RECs and retail green contracts

In FY2023, 51% of Kyndryl's purchased electricity came from renewable sources, aligned with RE100 guidance. Kyndryl procures renewables through unbundled EACs (US-RECs, REGOs, I-RECs) across the US, Europe (Germany, Denmark, Finland, France, Greece), and Brazil, as well as retail green supply contracts and EACs purchased by landlords. Kyndryl is developing a renewable energy sourcing strategy to reach 100% renewable electricity by 2030, aligning energy purchasing programs with SBTi.

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Primary: Scope 1 and 2 absolute reduction via SBTi-aligned near-term target (75% by 2030)

Kyndryl's near-term Abs 2 target commits to a 75% reduction in market-based Scope 1 and 2 emissions by 2030 from a FY2023 base of 318,329 tCO2e. Key levers are renewable energy procurement and energy efficiency at data centre and office operations. Kyndryl also explores alternative fuel options to reduce reliance on fossil fuels and has ISO 14001 and ISO 50001 certifications in process.

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FY2023 emissions and energy restated

In late March 2025, total market-based and location-based emissions for fiscal 2023 and 2024, purchased electricity for fiscal 2023 and total energy for fiscal 2023 values were updated to reflect methodology and data capture improvements.

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100% IT e-waste diversion from landfills by 2030

Goal to divert 100% of IT e-waste from landfills by 2030.

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Launch of Kyndryl Foundation

In September 2023, launched Kyndryl Foundation, philanthropic arm supporting communities through grants. Inaugural grants announced March 2024 for 11 nonprofits in 7 countries.

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Dependent: Customer decarbonisation enablement through IT sustainability services

Kyndryl offers IT sustainability services to help customers reduce their GHG footprint, including Sustainable Data Centre assessments, cloud migration (Microsoft Azure, Google, AWS) which can reduce energy usage by up to 85%, automation and AI-driven efficiency tools, and digitised workplace solutions. These services are available on the Kyndryl Bridge platform. Kyndryl is working to quantify and measure the environmental benefits of its services to customers, and this opportunity is identified as material with 'very likely' likelihood.

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see 23 more events →