Gloria Material Technology Corp Sustainability Profile
Gloria Material Technology Corp., commonly referred to as GMT, is a leading player in the advanced materials industry, headquartered in Taiwan (TW). Established in 2000, the company has made significant strides in the development and manufacturing of high-performance materials, particularly in the fields of electronics and automotive applications. With a strong presence in Asia and expanding operations globally, GMT is renowned for its innovative solutions, including specialised coatings and composite materials that enhance product durability and performance. The company’s commitment to research and development has positioned it as a trusted partner for various industries, earning accolades for its cutting-edge technology and sustainable practices. As a result, Gloria Material Technology Corp. continues to solidify its market position, driving advancements in material science and contributing to the evolution of modern manufacturing.
DitchCarbon Score
How does Gloria Material Technology Corp'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 Machinery and Equipment 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
Gloria Material Technology Corp's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gloria Material Technology Corp's reported carbon emissions
In 2023, Gloria Material Technology Corp, headquartered in Taiwan (TW), reported total carbon emissions of approximately 1,229,151,320 kg CO2e. This figure includes 119,900 kg CO2e from Scope 1 emissions, 1,148,880 kg CO2e from Scope 2 emissions, and a significant 419,593,440 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company recorded total emissions of about 524,534,390 kg CO2e, with Scope 1 emissions at 119,870 kg CO2e, Scope 2 at 1,255,520 kg CO2e, and Scope 3 emissions reaching 523,159,000 kg CO2e. This indicates a substantial increase in total emissions year-on-year, primarily driven by Scope 3 emissions. Gloria Material Technology Corp has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company has yet to formalise a structured approach to emissions reduction. Overall, while the company has made strides in emissions reporting, the lack of defined reduction strategies highlights an area for potential improvement in its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 198,726,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 2 | 165,521,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
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Gloria Material Technology Corp'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.
Gloria Material Technology Corp 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.
