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 9 is lower than 92% 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 2021, Golden Energy and Resources, headquartered in Singapore, reported total carbon emissions of approximately 310,811,000 kg CO2e, comprising 291,267,000 kg CO2e from Scope 1 and 19,454,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2020, where emissions were about 372,817,000 kg CO2e, with Scope 1 emissions at 349,127,000 kg CO2e and Scope 2 at 22,969,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite these reductions, Golden Energy and Resources has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Golden Energy and Resources Pte. Ltd., reflecting the company's performance within its corporate family. Overall, while Golden Energy and Resources has made strides in reducing its carbon footprint, the lack of formal climate commitments or targets suggests an area for potential improvement in its sustainability strategy.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 317,455,340 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 205,016,630 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 120,000,000 | - | - | - |
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.
