Georgia Capital PLC, headquartered in Great Britain, is a prominent investment holding company focused on the dynamic markets of Georgia and the broader Caucasus region. Founded in 2016, the company has rapidly established itself as a key player in various sectors, including financial services, real estate, and renewable energy. With a diverse portfolio, Georgia Capital offers unique products and services that cater to the evolving needs of its clients. The company is recognised for its strategic investments and commitment to sustainable growth, positioning itself as a leader in the Georgian economy. Notable achievements include significant contributions to local infrastructure and job creation, underscoring its role as a catalyst for development in the region.
How does Georgia Capital'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.
Mean score of companies in the Electricity from Other Sources 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.
Georgia Capital's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Georgia Capital reported total carbon emissions of approximately 26,800,000 kg CO2e. This figure includes 73,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, 4,000 kg CO2e from Scope 2 emissions, and a significant 26,723,000 kg CO2e from Scope 3 emissions, with investments contributing 26,688,000 kg CO2e. Comparatively, in 2022, the total emissions were about 29,127,000 kg CO2e, indicating a reduction in emissions year-on-year. The company has set ambitious targets to further reduce its carbon footprint, committing to a 30% reduction in total Scope 1 and Scope 2 emissions by 2030, using 2022 as the base year. Additionally, Georgia Capital aims for a substantial 95% reduction by 2050, ultimately striving for Net-Zero emissions across these scopes. Georgia Capital has also joined the Net-Zero Initiative, pledging to achieve Net-Zero across Scope 1 and Scope 2 emissions at both the GCAP HoldCo and portfolio company levels by 2050. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability and emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 59,000 | 00,000 | 00,000 | 00,000 | 
| Scope 2 | 2,000 | 0,000 | 0,000 | 0,000 | 
| Scope 3 | 38,074,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
Georgia Capital's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 30% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
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.
Georgia Capital 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.
