In 2024, GCC completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy).
However, GCC has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | N/A | 3,386,000b | 3,555,000b | |
Total Scope 2 | ||||
Market-Based | 197,000a | 212,000a | 234,000a | |
Location-Based | 243,000a | 260,000a | 274,000a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | N/A | 1,141,000b | 1,242,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 2,482.5558b | 3,042.8333b |
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In 2024, the total operational greenhouse gas (GHG) emissions of GCC amounted to 243,000 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of GCC decreased by 93.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, GCC reported Scope 2 greenhouse gas (GHG) emissions of 197,000 tCO₂e using the market-based method and 243,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), GCC's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GCC's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, GCC reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, GCC reported Scope 1 greenhouse gas (GHG) emissions of 3,386,000 tCO₂e and total revenues of USD 1,364 millions. This translates into an emissions intensity of 2,482.56 tCO₂e per millions USD.b
In 2023, GCC reported a Scope 1 emissions intensity of 2,482.56 tCO₂e per millions USD. Compared to the peer group median of 5,681.39, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b
In 2023, GCC ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b
GCC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.b