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 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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GEM's reported carbon emissions
In 2023, GEM Co., Ltd. reported significant carbon emissions totalling approximately 766,100,000 kg CO2e for Scope 1 and about 667,900,000 kg CO2e for Scope 2. This data reflects the company's operational emissions and energy-related emissions, respectively. Notably, GEM has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the supply chain and product use. Despite the substantial emissions figures, GEM has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that while GEM is aware of its carbon footprint, it has yet to implement structured strategies for emissions reduction. The emissions data for 2022 and prior years is not available, indicating a potential gap in transparency or reporting consistency. The most recent figures highlight the need for GEM to develop and communicate a comprehensive climate strategy to address its carbon emissions effectively.
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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.
