Kinder Morgan Inc.

"Kinder Morgan Inc., a company based in the USA, has committed to reach net-zero carbon emissions from its transmission and storage operations by 2050. Net Zero Tracker
This commitment was made as a member of the Interstate Natural Gas Association of America in 2021. Net Zero Tracker
However, this target is not explicitly mentioned in the company's 2021 ESG report. Net Zero Tracker
An interesting aspect of their environmental policy is their interim target for 2025, which is to achieve a methane emission intensity of 0.31% for their natural gas transmission and storage operations, compared to a baseline year of …"

Current Score (vs. LY)

0.0 pts (0.0)

Last Update: Dec. 31, 2023

Current Rankings

Global: #584

S&P500: #403

Energy: #19

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021
Scope 1 15,300,000
Scope 2 - location-based 2,800,000
Scope 2 - market-based 3,100,000
Scope 1-2 - location-based 18,100,000
Scope 1-2 - market-based 18,400,000
Scope 3 0
Total - location-based 18,100,000
Total - market-based 18,400,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 25,422,63122,261,495
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category


Scope 3 Emissions not available

Emissions Trajectory (Full Scopes)



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Kinder Morgan Inc. belongs to the sector Energy.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Kinder Morgan by zerotracker.net: March 23, 2023
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) Yes (nature-based and CCS-based removals)

Additional notes: In the 2021 ESG report, the company states that they "participate with other organizations to advance CCUS policy and technology". 2021 they participated in the Colorado Energy Office CCUS task Force which evaluated Colorado's opportunities for carbon capture etc... pg 27. Highlights how CCS-based removals not yet in action but strong likelihood they will be in the near future. NATURE BASED: We also support Arizona’s Climate Change Action Plan through our participation in an afforestation program called Trees for Tucson in Tucson, Arizona. Since 2017, we have contributed to planting approximately 2,258 trees in the Tucson metropolitan area. These trees sequester CO2, helping to offset CO2 in the atmosphere. CREDITS AND OFFSETS: Purchased credits in 2020 = 113 thousand metric tonnes of CO2 and in 2021 = 86 thousand metric tonnes CO2e. Natural pipeline business segment, which owns a 50% interest in and operates Ruby Pipeline L.L.C has been net zero since 2011 by using emission reduction credits or renewable energy credits to offset Scope 1 and 2 emissions from construction and ongoing operations. In 2021, Ruby purchased approximately 86 thousand credits. These credits are verified through a third party but no clear carbon credit conditions specified. https://www.kindermorgan.com/WWWKM/media/Safety-Environmental/documents/2021_ESG_Report.pdf

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 0.0 10.0 0.0
Transparency 0.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 0.0
Commitments 0.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 0.0 10.0 0.0
Results 0.0 30.0 0.0
Total 0.0 100.0 0.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 0.0 0.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 0.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 0.0 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? F 0.0 / 10.0 0.0 0.0 0.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? NC 0.0 / 10.0 0.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 3.2°C 0.0 / 10.0 0.0 0.0 0.0
Total 0.0 / 100.0 0.0 0.0 0.0


Available Data Sources

Reporting Year 2021
Source Yourstake
Publication Year 2022
Scope 1 15,300,000
Scope 2 - location-based 2,800,000
Scope 2 - market-based 3,100,000
Scope 1-2 - location-based 18,100,000
Scope 1-2 - market-based 18,400,000
Scope 3 0
Total - location-based 18,100,000
Total - market-based 18,400,000

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email