Gulf Resources, Inc. Sustainability Profile
Gulf Resources, Inc., often referred to as Gulf Resources, is a prominent player in the chemical and natural resources industry, headquartered in China (CN). Established in 2006, the company has made significant strides in the production of bromine and crude salt, primarily serving the Asia-Pacific region and beyond. Gulf Resources stands out for its commitment to quality and innovation, offering unique products that cater to various industrial applications, including flame retardants and water treatment solutions. With a strong market position, the company has achieved notable milestones, including expansions in production capacity and strategic partnerships that enhance its competitive edge. As a leader in its field, Gulf Resources continues to drive advancements in chemical manufacturing while maintaining a focus on sustainability and environmental responsibility.
DitchCarbon Score
How does Gulf Resources, Inc.'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 Chemicals 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 Resources, Inc.'s score of 27 is higher than 52% 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 Resources, Inc.'s reported carbon emissions
In 2024, Gulf Resources, Inc. reported total carbon emissions of approximately 48,000,000 kg CO2e, with Scope 1 emissions accounting for about 10,000,000 kg CO2e and Scope 2 emissions at around 35,000,000 kg CO2e. The previous year, 2023, also saw total emissions of about 48,000,000 kg CO2e, with Scope 1 emissions at approximately 10,000,000 kg CO2e and Scope 2 emissions slightly higher at about 36,000,000 kg CO2e. Gulf Resources has set ambitious reduction targets, committing to a 3% reduction in Scope 1 emissions and a 6% reduction in Scope 2 emissions by 2030, relative to their 2023 baseline. Additionally, the company aims to reduce its Scope 1 and 2 emissions by approximately 11.89% by 2025 compared to a 2020 baseline, aligning with the 2°C target, which translates to an annual reduction of about 2.5%. Furthermore, Gulf Resources has pledged to manage its active strategies in line with net zero by 2050 for both Scope 1 and Scope 2 emissions. This commitment reflects the company's dedication to addressing climate change and reducing its carbon footprint in the long term.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 219,172.26 | 000,000.00 | 000,000.00 | 000,000.00 |
| Scope 2 | 11,177,600.86 | 0,000,000.00 | 0,000,000.00 | 0,000,000.00 |
| Scope 3 | - | - | - | 00,000,000 |
How Carbon Intensive is Gulf Resources, Inc.'s Industry?
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Gulf Resources, Inc.'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 Resources, Inc. 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.
