GMO

In 2023, GMO reported total carbon emissions of approximately 2,276,800 kg CO2e, with Scope 1 emissions from stationary combustion at about 15,700 kg CO2e and Scope 3 emissions primarily from business travel at approximately 2,124,700 kg CO2e. This marks a significant increase in Scope 3 emissions compared to previous years, reflecting a trend in their operational impact. In 2022, GMO's total emissions were about 1,387,600 kg CO2e, with Scope 1 emissions at approximately 21,200 kg CO2e. The previous year, 2021, saw total emissions of around 161,600 kg CO2e, with Scope 1 emissions at about 25,100 kg CO2e. The data indicates fluctuations in emissions, particularly in Scope 3, which includes indirect emissions from business travel. GMO has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reduction. Their carbon intensity metrics indicate a carbon intensity of about 6,600 kg CO2e per employee in 2023 and approximately 5,000 kg CO2e per employee in 2022, suggesting a need for enhanced strategies to manage and reduce their carbon footprint effectively. Overall, while GMO has made strides in tracking emissions, the absence of defined reduction targets highlights an opportunity for the organisation to strengthen its climate commitments and align with industry standards for sustainability.