Golden Energy And Resources
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Golden Energy And Resources's score of 20 is higher than 60% 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 Energy And Resources's reported carbon emissions
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. The company has disclosed emissions data for both Scope 1 and Scope 2, but no data for Scope 3 emissions was provided. Over the years, GEAR has shown a trend in its emissions reporting. For instance, in 2021, the total emissions were about 697,348,000 kg CO2e, with Scope 1 emissions at approximately 582,483,000 kg CO2e and Scope 2 emissions at around 114,865,000 kg CO2e. This indicates a significant increase in emissions from 2021 to 2022. Despite the increase in emissions, GEAR has not set specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not have formalised commitments to reduce emissions at this time. Overall, GEAR's emissions data reflects its operational impact on climate change, and the lack of reduction initiatives highlights an area for potential improvement in its sustainability strategy.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 349,127,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 22,969,000 | 0,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 79,348,000 | 00,000,000 | 00,000,000 | - |
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 Energy And Resources 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.
