Grandshores Technology Sustainability Profile
Grandshores Technology Holdings Limited, commonly referred to as Grandshores Tech, is a prominent player in the technology sector, headquartered in Singapore (SG). Founded in 2016, the company has rapidly established itself in the fields of blockchain technology and digital asset management, focusing on innovative solutions that cater to the evolving needs of the digital economy. With a strong operational presence across Asia, Grandshores Tech offers a range of unique products and services, including blockchain infrastructure development and digital asset trading platforms. Their commitment to leveraging cutting-edge technology has positioned them as a leader in the industry, recognised for their strategic partnerships and significant contributions to the blockchain ecosystem. As they continue to expand their market reach, Grandshores Tech remains dedicated to driving technological advancements and fostering sustainable growth in the digital landscape.
DitchCarbon Score
How does Grandshores 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 Computer 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
Grandshores Technology's score of 33 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grandshores Technology's reported carbon emissions
In 2024, Grandshores Technology reported total carbon emissions of approximately 647,570 kg CO2e, comprising 536,630 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 97,430 kg CO2e from Scope 2 emissions related to purchased electricity. This marks an increase from 2023, where total emissions were about 562,640 kg CO2e, with Scope 1 emissions at 475,480 kg CO2e and Scope 2 emissions at 76,790 kg CO2e. Over the past three years, emissions have shown a general upward trend, with 2022 emissions recorded at approximately 508,720 kg CO2e, including 419,330 kg CO2e from Scope 1 and 80,370 kg CO2e from Scope 2. In 2021, the total emissions were about 435,780 kg CO2e, with Scope 1 at 347,380 kg CO2e and Scope 2 at 85,070 kg CO2e. Despite these figures, Grandshores Technology 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 does not disclose any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, while Grandshores Technology has made strides in tracking its emissions, the lack of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 347,380 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 85,070 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Grandshores Technology's Industry?
How Carbon Intensive is Grandshores Technology's Location?
Grandshores Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Grandshores Technology has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
