Grand Venture Technology
Grand Venture Technology, often referred to as GVT, is a leading player in the advanced manufacturing and technology sector, headquartered in Singapore (SG). Founded in 2015, the company has rapidly established itself as a key innovator in precision engineering, serving major operational regions across Asia and beyond. Specialising in high-quality manufacturing solutions, GVT offers a diverse range of services, including precision machining, assembly, and product development. Their commitment to cutting-edge technology and sustainable practices sets them apart in a competitive market. With a focus on delivering tailored solutions, GVT has garnered a reputation for excellence and reliability. Recognised for its significant contributions to the industry, Grand Venture Technology continues to push boundaries, positioning itself as a trusted partner for businesses seeking advanced manufacturing capabilities.
DitchCarbon Score
How does Grand Venture Technology'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 Other Services 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
Grand Venture Technology's score of 15 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grand Venture Technology's reported carbon emissions
In 2023, Grand Venture Technology, headquartered in Singapore (SG), reported carbon emissions of approximately 144,000 kg CO2e from Scope 2, which pertains to purchased electricity. This marks a significant reduction from 2022, where the company emitted about 2,269,000 kg CO2e in the same category. In addition to its Singapore operations, the company also reported emissions from its facilities in Malaysia and China. In Malaysia, emissions included approximately 116,000 kg CO2e from Scope 1 and about 5,178,000 kg CO2e from Scope 2. In China, emissions comprised around 83,000 kg CO2e from Scope 1 and about 1,773,000 kg CO2e from Scope 2. Despite these figures, Grand Venture Technology has not established specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s carbon emission intensity has improved, with a reported value of 0.000112 for 2023, down from 0.000167 in the previous year. This reflects a growing awareness and response to climate impact within the industry.
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.
Grand Venture Technology 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.
