Golden Agri Resources Gar Sustainability Profile
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 45 is higher than 68% 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 Scope 1 emissions of about 7,270,140,000 kg CO2e, Scope 2 emissions of approximately 335,173,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 25,102,024,000 kg CO2e. GAR's emissions data is cascaded from its parent company, Golden Agri-Resources Ltd, reflecting a comprehensive approach to carbon accounting across its operations. The company has not specified any formal reduction targets or climate pledges, indicating a potential area for future commitment. In previous years, GAR has shown a commitment to improving its emissions intensity, with reported emissions intensity for crude palm oil (CPO) produced at approximately 2,930 kg CO2e per tonne in 2023, down from 2,720 kg CO2e per tonne in 2022. This trend suggests ongoing efforts to enhance operational efficiency and reduce carbon footprints. Overall, while GAR has made strides in emissions reporting and intensity reduction, the absence of specific reduction targets highlights an opportunity for the company to strengthen its climate commitments in alignment with industry standards.
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| 2011 | 2012 | 2013 | 2014 | 2017 | 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 | 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 |
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Golden Agri Resources Gar'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.
Golden Agri Resources Gar 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.
