Grand Venture Technology
Grand Venture Technology, often referred to as GVT, is a leading player in the advanced manufacturing and technology sector, headquartered in Singapore (SG). Founded in 2015, the company has rapidly established itself as a key innovator in precision engineering, serving major operational regions across Asia and beyond. Specialising in high-quality manufacturing solutions, GVT offers a diverse range of services, including precision machining, assembly, and product development. Their commitment to cutting-edge technology and sustainable practices sets them apart in a competitive market. With a focus on delivering tailored solutions, GVT has garnered a reputation for excellence and reliability. Recognised for its significant contributions to the industry, Grand Venture Technology continues to push boundaries, positioning itself as a trusted partner for businesses seeking advanced manufacturing capabilities.
DitchCarbon Score
How does Grand Venture Technology'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 Other Services 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
Grand Venture Technology's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grand Venture Technology's reported carbon emissions
In 2024, Grand Venture Technology (GVT), headquartered in Singapore (SG), reported Scope 1 emissions of approximately 260,000 kg CO2e. For the previous year, 2023, GVT's emissions included about 116,000 kg CO2e in Scope 1 and approximately 5,178,000 kg CO2e in Scope 2 from purchased electricity in Malaysia, alongside 83,000 kg CO2e in Scope 1 and about 1,773,000 kg CO2e in Scope 2 from operations in China. In Singapore, the company reported around 144,000 kg CO2e in Scope 2 emissions. GVT has set ambitious reduction targets, aiming for a 30% reduction in Scope 1 emissions from a 2021 baseline by 2030, and a 25% reduction in Scope 2 emissions over the same timeframe. These commitments reflect GVT's proactive approach to addressing climate change and reducing its carbon footprint. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. GVT's climate initiatives are part of a broader industry trend towards sustainability and carbon neutrality, aligning with global efforts to mitigate climate impacts.
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| 2024 | |
|---|---|
| Scope 1 | 260,000 |
| Scope 2 | - |
| Scope 3 | - |
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.
Grand Venture Technology 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.
