Bay Area Gold Group Limited
Bay Area Gold Group Limited, often referred to as Bay Area Gold, is a prominent player in the precious metals industry, headquartered in Hong Kong. Established in 2010, the company has rapidly expanded its operations across major regions, including Asia and beyond, solidifying its reputation as a trusted provider of gold and other precious metals. Specialising in gold trading, investment solutions, and asset management, Bay Area Gold distinguishes itself through its commitment to transparency and customer-centric services. The company offers a unique blend of competitive pricing and expert market insights, catering to both individual investors and institutional clients. With a strong market position, Bay Area Gold has achieved notable milestones, including recognition for its innovative approaches in the precious metals sector, making it a go-to choice for those seeking reliable investment opportunities.
DitchCarbon Score
How does Bay Area Gold Group Limited'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 Precious Metal Production 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
Bay Area Gold Group Limited's score of 10 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bay Area Gold Group Limited's reported carbon emissions
In 2019, Bay Area Gold Group Limited reported significant emissions related to its operations, with a notable emission factor of approximately 120.0 tonnes CO2e per tonne of gold produced. Additionally, the company recorded emissions of about 1870.0 tonnes CO2e per employee in the financial services sector. However, no specific Scope 1, 2, or 3 emissions data has been disclosed. The company has not set any formal reduction targets or climate pledges, indicating a lack of structured climate commitments at this time. Furthermore, there are no emissions data cascaded from a parent or related organization, as Bay Area Gold Group Limited operates independently in this regard. Overall, while the company has reported emissions data, it currently lacks defined climate initiatives or reduction strategies, positioning it within an industry context that increasingly prioritises sustainability and carbon footprint reduction.
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.
Bay Area Gold Group Limited 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.
