GEM
GEM Co., Ltd., commonly referred to as GEM, is a leading player in the recycling and resource recovery industry, headquartered in China (CN). Founded in 2001, GEM has established itself as a pioneer in the circular economy, focusing on the recycling of lithium batteries and electronic waste. With major operations across Asia and expanding influence globally, the company has achieved significant milestones, including the development of advanced recycling technologies. GEM's core services include the recycling of lithium-ion batteries, precious metals recovery, and the production of high-quality recycled materials. What sets GEM apart is its commitment to sustainability and innovation, ensuring that its processes not only meet but exceed industry standards. Recognised for its market leadership, GEM continues to drive advancements in resource efficiency, positioning itself as a key contributor to a greener future.
DitchCarbon Score
How does GEM'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 Bottle Recycling 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
GEM's score of 2 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GEM's reported carbon emissions
In 2023, GEM Co., Ltd. reported total carbon emissions of approximately 1,434,000,000 kg CO2e, comprising 766,100,000 kg CO2e from Scope 1 and 667,900,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. GEM has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. GEM's carbon intensity is approximately 2.15 kg CO2e per unit of revenue, reflecting its operational impact relative to financial performance. The company continues to focus on transparency in its emissions reporting, although further commitments to climate action or reduction strategies have not been outlined.
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| 2023 | |
|---|---|
| Scope 1 | 766,100,000 |
| Scope 2 | 667,900,000 |
| 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.
GEM 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.
