GCL New Energy Holdings Limited Sustainability Profile
GCL New Energy Holdings Limited, often referred to as GCL New Energy, is a prominent player in the renewable energy sector, headquartered in Hong Kong. Founded in 2009, the company has rapidly established itself as a leader in solar energy solutions, with significant operations across Asia, Europe, and North America. Specialising in the development, investment, and operation of solar power projects, GCL New Energy offers unique services that include photovoltaic power generation and energy storage systems. The company is recognised for its commitment to sustainability and innovation, positioning itself as a key contributor to the global transition towards clean energy. With a strong market presence and a portfolio of successful projects, GCL New Energy continues to achieve notable milestones, reinforcing its status as a trusted name in the renewable energy industry.
DitchCarbon Score
How does GCL New Energy Holdings 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 Electricity Transmission 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
GCL New Energy Holdings Limited's score of 12 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GCL New Energy Holdings Limited's reported carbon emissions
In 2021, GCL New Energy Holdings Limited, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 786,000 kg CO2e, comprising about 784,000 kg CO2e from Scope 1 and 2,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2020, when the company emitted about 1,258,000 kg CO2e, with Scope 1 emissions at approximately 1,250,000 kg CO2e and Scope 2 emissions at 8,000 kg CO2e. In 2019, the total emissions were about 2,402,000 kg CO2e, with Scope 1 at approximately 1,937,000 kg CO2e and Scope 2 at 465,000 kg CO2e. GCL New Energy has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The company’s emissions data is self-reported and does not cascade from a parent organization. The absence of formal reduction initiatives or commitments indicates a potential area for future development in their climate strategy.
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| 2017 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 4,415,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 509,000 | 000,000 | 0,000 | 0,000 |
| Scope 3 | - | - | - | - |
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GCL New Energy Holdings Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
GCL New Energy Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
