Golden Energy And Resources
Golden Energy and Resources Limited, commonly referred to as GEAR, is a prominent player in the energy and resources sector, headquartered in Singapore (SG). Founded in 2007, the company has established a strong presence in key operational regions, including Indonesia and Australia, focusing primarily on coal mining and trading. GEAR is renowned for its commitment to sustainable practices and operational excellence, offering high-quality thermal and metallurgical coal. The company’s unique approach to resource management and its strategic partnerships have positioned it as a leader in the industry. With a robust market presence, GEAR has achieved significant milestones, including expanding its mining capacity and enhancing its supply chain efficiency, solidifying its reputation as a reliable energy provider in the Asia-Pacific region.
DitchCarbon Score
How does Golden Energy And Resources'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.
Industry Average
Mean score of companies in the Salt and Mineral Mining 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.
Industry Benchmark
Golden Energy And Resources's score of 20 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Golden Energy And Resources's reported carbon emissions
In 2022, Golden Energy And Resources, headquartered in Singapore (SG), reported total carbon emissions of approximately 697,348,000 kg CO2e. This figure includes 582,483,000 kg CO2e from Scope 1 emissions and 114,865,000 kg CO2e from Scope 2 emissions, resulting in a combined total for Scope 1 and 2 of about 890,827,000 kg CO2e. The company has shown a significant reduction in emissions over the years. For instance, in 2021, their total emissions were approximately 310,811,000 kg CO2e (291,267,000 kg CO2e from Scope 1 and 19,454,000 kg CO2e from Scope 2). This indicates a notable increase in emissions in 2022 compared to 2021, which may warrant further investigation into operational changes or external factors influencing these figures. Golden Energy And Resources has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, as indicated by the absence of documented reduction targets. The emissions data is cascaded from their parent company, Golden Energy and Resources Pte. Ltd., reflecting their current subsidiary status. Overall, while the company has made strides in emissions reporting, the lack of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 317,455,340 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 205,016,630 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 120,000,000 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Golden Energy And Resources 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.
