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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 66% 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 company has disclosed emissions data across all three scopes, demonstrating a comprehensive approach to carbon accounting. In 2022, GAR's total emissions were about 29,515,754,000 kg CO2e, with Scope 1 emissions at 7,812,543,000 kg CO2e, Scope 2 at 333,725,000 kg CO2e, and Scope 3 at 21,369,486,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. GAR's emissions data is cascaded from its parent company, Golden Agri-Resources Ltd, reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. The company has reported emissions intensity for crude palm oil (CPO) produced, with values of 2,930 kg CO2e per tonne for 2023 and 2,720 kg CO2e per tonne for 2022, suggesting ongoing efforts to monitor and potentially improve operational efficiency. Overall, while GAR has made strides in emissions reporting, the absence of defined reduction targets highlights the need for enhanced climate commitments in alignment with industry standards.
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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.
