Golden Agri Resources Gar
Golden Agri-Resources Ltd (GAR), headquartered in Singapore, is a leading player in the palm oil industry, renowned for its sustainable practices and commitment to environmental stewardship. Founded in 1996, GAR has established a significant presence across Indonesia and other key regions, focusing on the cultivation, processing, and trading of palm oil products. The company’s core offerings include crude palm oil, palm kernel oil, and various derivatives, all produced with a strong emphasis on sustainability and traceability. GAR's unique approach to sustainable palm oil production has positioned it as a market leader, earning recognition for its efforts in promoting responsible sourcing and environmental conservation. With a robust supply chain and a commitment to innovation, Golden Agri-Resources continues to set benchmarks in the industry, contributing to both economic growth and ecological balance.
DitchCarbon Score
How does Golden Agri Resources Gar'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 Business Services 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
Golden Agri Resources Gar's score of 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Golden Agri Resources Gar's reported carbon emissions
In 2023, Golden Agri Resources (GAR), headquartered in Singapore (SG), reported total carbon emissions of approximately 32,707,337,000 kg CO2e. This figure includes 7,270,140,000 kg CO2e from Scope 1 emissions, 335,173,000 kg CO2e from Scope 2 emissions, and a significant 25,102,024,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 7,605,313,000 kg CO2e. GAR's emissions data is cascaded from its parent company, Golden Agri-Resources Ltd, which provides a comprehensive overview of the company's carbon footprint. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of documented reduction targets suggests that GAR may be in the early stages of developing a structured approach to carbon reduction. The company has disclosed emissions data for multiple years, with a notable increase in total emissions from 29,515,754,000 kg CO2e in 2022. This increase highlights the ongoing challenges in managing carbon emissions within the palm oil industry, where GAR operates. As GAR continues to navigate its climate commitments, the focus will likely shift towards establishing measurable reduction targets and enhancing transparency in its emissions reporting.
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| 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 133,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 170,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 37,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
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.
Golden Agri Resources Gar 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.
