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Public Profile
Salt and Mineral Mining
SG
updated 8 hours ago

Golden Energy And Resources

Company website

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.

20

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.

22

Industry Benchmark

Golden Energy And Resources's score of 20 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

40%

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Golden Energy And Resources's reported carbon emissions

In 2022, Golden Energy And Resources, headquartered in Singapore (SG), reported total carbon emissions of approximately 697,348,000 kg CO2e. This figure includes 582,483,000 kg CO2e from Scope 1 emissions and 114,865,000 kg CO2e from Scope 2 emissions, resulting in a combined total of 890,827,000 kg CO2e for Scope 1 and 2. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2021, the organisation's emissions were significantly lower, with Scope 1 emissions at 291,267,000 kg CO2e and Scope 2 emissions at 19,454,000 kg CO2e. This indicates a substantial increase in emissions year-on-year, reflecting a total of 697,348,000 kg CO2e in 2022 versus 310,721,000 kg CO2e in 2021. Despite the increase in emissions, Golden Energy And Resources has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates as a current subsidiary of Golden Energy and Resources Pte. Ltd., which may influence its emissions reporting and climate strategies. Overall, while Golden Energy And Resources has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.

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20182019202020212022
Scope 1
317,455,340
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
205,016,630
0,000,000
00,000,000
00,000,000
000,000,000
Scope 3
120,000,000
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Golden Energy And Resources's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Golden Energy And Resources is in SG, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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