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 58% 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 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's emissions have increased from about 697,348,000 kg CO2e in 2021, which comprised approximately 582,483,000 kg CO2e in Scope 1 and about 114,865,000 kg CO2e in Scope 2. The emissions intensity for Scope 1 and 2 combined was reported at 37.3 tonnes CO2e per million USD in revenue for 2022. This represents a significant increase in emissions compared to previous years, where emissions were approximately 697,348,000 kg CO2e in 2021 and about 364,234,000 kg CO2e in 2020 (with Scope 1 at approximately 357,334,000 kg CO2e and Scope 2 at about 7,000,000 kg CO2e). Currently, Golden Energy And Resources has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies indicates a need for further commitment to climate action within the industry context.
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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 | - | - | - | - |
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.
