Golden Energy and Resources Limited, commonly referred to as GEAR, is a prominent player in the energy and resources sector, headquartered in Singapore (SG). Founded in 2007, the company has established a strong presence in key operational regions, including Indonesia and Australia, focusing primarily on coal mining and trading. GEAR is renowned for its commitment to sustainable practices and operational excellence, offering high-quality thermal and metallurgical coal. The company’s unique approach to resource management and its strategic partnerships have positioned it as a leader in the industry. With a robust market presence, GEAR has achieved significant milestones, including expanding its mining capacity and enhancing its supply chain efficiency, solidifying its reputation as a reliable energy provider in the Asia-Pacific region.
How does Golden Energy And Resources'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.
Mean score of companies in the Salt and Mineral Mining 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.
Golden Energy And Resources's score of 15 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Golden Energy and Resources (GEAR), headquartered in Singapore (SG), reported total carbon emissions of approximately 1,034,019,000 kg CO2e. This figure includes about 890,827,000 kg CO2e from Scope 1 emissions and approximately 143,192,000 kg CO2e from Scope 2 emissions. Notably, GEAR has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Looking at previous years, GEAR's emissions have fluctuated significantly. In 2021, the company emitted about 697,348,000 kg CO2e, with Scope 1 emissions accounting for approximately 582,483,000 kg CO2e and Scope 2 emissions at around 114,865,000 kg CO2e. The trend indicates a substantial increase in emissions from 2021 to 2022. The company has disclosed emissions data across all three scopes, but there is no indication of specific reduction commitments or strategies to mitigate their carbon footprint. As GEAR continues to operate in a carbon-intensive industry, the absence of defined climate commitments may impact its sustainability profile and stakeholder perceptions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|
Scope 1 | 317,455,340 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 84,088,130 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 16,300 | 00,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
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 Energy And Resources is not committed to any reduction initiatives 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.