In 2025, GAM completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
GAM has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 5,536a | 5,856a | 5,941b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 384a | 419a | 258b | |
Total Scope 3 | 239a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 14.8961a | 18.509a | 19.1117b |
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In 2025, the total operational greenhouse gas (GHG) emissions of GAM amounted to 5,920 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of GAM decreased by 5.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of GAM were 5,536 metric tons of CO₂ equivalent (tCO₂e).a
Since 2023, GAM's Scope 1 emissions have decreased by 6.82%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), GAM's Scope 1 emissions decreased by 5.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, GAM reported Scope 2 greenhouse gas (GHG) emissions of 384 tCO₂e without specifying the calculation method.a
Since 2023, GAM's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 48.84%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), GAM's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that GAM's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, GAM reported its Scope 2 emissions using an unspecified methodology.a
In 2025, GAM reported 239 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of GAM includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, GAM reported total Scope 3 emissions of 239 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2025, GAM reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to GAM's Scope 3 emissions were:a
In 2025, GAM reported Scope 1 greenhouse gas (GHG) emissions of 5,536 tCO₂e and total revenues of USD 372 millions. This translates into an emissions intensity of 14.9 tCO₂e per millions USD.a
In 2025, GAM reported a Scope 1 emissions intensity of 14.9 tCO₂e per millions USD. Compared to the peer group median of 17.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, GAM ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
GAM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, GAM reported a total carbon footprint of 6,159 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.85% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to GAM's total carbon footprint was Scope 1 emissions, accounting for 89.88% of the company's total carbon footprint, followed by Scope 2 emissions at 6.23%.a