Gulf General Investments Co. (P.S.C) Sustainability Profile
Gulf General Investments Co. (P.S.C), commonly referred to as GGICO, is a prominent investment firm headquartered in the United Arab Emirates (AE). Established in 1973, GGICO has built a robust portfolio across various sectors, including real estate, manufacturing, and hospitality, positioning itself as a key player in the Middle Eastern market. With a focus on delivering innovative solutions, GGICO offers a diverse range of products and services that cater to both local and international clients. The company is renowned for its strategic investments and development projects, which have significantly contributed to the region's economic growth. Over the years, GGICO has achieved notable milestones, solidifying its reputation as a trusted investment partner in the Gulf region.
DitchCarbon Score
How does Gulf General Investments Co. (P.S.C)'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 Financial Intermediation 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
Gulf General Investments Co. (P.S.C)'s score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gulf General Investments Co. (P.S.C)'s reported carbon emissions
In 2024, Gulf General Investments Co. (P.S.C) reported total carbon emissions of approximately 17,000 kg CO2e, comprising 11,000 kg CO2e from Scope 1 and 6,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2023, where emissions were about 47,000 kg CO2e, with 38,000 kg CO2e from Scope 1 and 9,000 kg CO2e from Scope 2. In 2022, the company recorded emissions of approximately 49,000 kg CO2e, including 39,000 kg CO2e from Scope 1 and 10,000 kg CO2e from Scope 2. Despite these reductions, Gulf General Investments Co. has not set specific reduction targets or climate pledges, and there is no data available for Scope 3 emissions. The emissions data is cascaded from the parent company, indicating a corporate family relationship, but specific initiatives or commitments from the parent organisation are not detailed. Overall, while Gulf General Investments Co. has demonstrated a commitment to reducing its carbon footprint through decreasing emissions over the past few years, further transparency regarding climate commitments and future reduction targets would enhance its sustainability profile.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 39,000 | 00,000 | 00,000 |
| Scope 2 | 10,000 | 0,000 | 0,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Gulf General Investments Co. (P.S.C)'s Industry?
How Carbon Intensive is Gulf General Investments Co. (P.S.C)'s Location?
Gulf General Investments Co. (P.S.C)'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.
Gulf General Investments Co. (P.S.C) 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.
