Geo Energy
Geo Energy Resources Limited, commonly referred to as Geo Energy, is a prominent player in the coal industry, headquartered in Singapore (SG). Founded in 2008, the company has established itself as a key provider of thermal coal, primarily serving markets across Asia, including Indonesia and China. Geo Energy's core offerings include high-quality thermal coal, which is distinguished by its competitive pricing and commitment to sustainable practices. The company has achieved significant milestones, including successful listings on the Singapore Exchange, enhancing its market position. With a focus on operational excellence and environmental responsibility, Geo Energy continues to solidify its reputation as a reliable supplier in the energy sector, catering to the growing demand for energy resources in the region.
DitchCarbon Score
How does Geo Energy'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 from Other Sources 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
Geo Energy's score of 27 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Geo Energy's reported carbon emissions
In 2023, Geo Energy reported total carbon emissions of approximately 215,000,000 kg CO2e. This figure includes 51,942,000 kg CO2e from Scope 1 emissions, 94,573,000 kg CO2e from Scope 2 emissions (location-based), and 150,011,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Comparatively, in 2020, Geo Energy's total emissions were about 114,340,720 kg CO2e, with Scope 1 emissions at 996,150 kg CO2e, Scope 2 emissions at 46,920 kg CO2e, and Scope 3 emissions reaching 169,485,190 kg CO2e. This shows a significant increase in emissions over the years, particularly in Scope 3, which is often the largest contributor to total emissions for many companies. Despite the lack of specific reduction targets or initiatives outlined in their recent disclosures, Geo Energy's commitment to transparency in emissions reporting suggests an awareness of the need for climate action. The absence of documented reduction targets may indicate an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability. Overall, Geo Energy's emissions data reflects the challenges faced by the energy sector in managing carbon outputs, particularly in Scope 3 emissions, which encompass the broader supply chain impacts. As the company continues to operate from its headquarters in Singapore (SG), it may benefit from setting clear reduction goals to improve its environmental performance and contribute to global climate efforts.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 110,565,790 | 00,000,000 | 00,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 29,820 | 00,000 | 00,000 | 00,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Geo Energy 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.
