In 2023, GCL New Energy Holdings 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) and Scope 2 (indirect emissions from purchased energy).
However, GCL New Energy Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 4,921.08a | 272.32b |
Total Scope 2 | ||
Unspecified Calculation Method | 114.03a | 6,946.85b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 42.0605a | 2.041b |
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In 2023, the total operational greenhouse gas (GHG) emissions of GCL New Energy Holdings amounted to 5,035.11 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 2022, the total operational greenhouse gas (GHG) emissions of GCL New Energy Holdings decreased by 30.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2023, the total Scope 1 emissions of GCL New Energy Holdings were 4,921.08 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), GCL New Energy Holdings's Scope 1 emissions increased by 1,707.09%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2023, GCL New Energy Holdings reported Scope 2 greenhouse gas (GHG) emissions of 114.03 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), GCL New Energy Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 98.36% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2023, GCL New Energy Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2023, GCL New Energy Holdings reported Scope 1 greenhouse gas (GHG) emissions of 4,921.08 tCO₂e and total revenues of USD 117 millions. This translates into an emissions intensity of 42.06 tCO₂e per millions USD.a
In 2023, GCL New Energy Holdings reported a Scope 1 emissions intensity of 42.06 tCO₂e per millions USD. Compared to the peer group median of 17.51, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, GCL New Energy Holdings ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
GCL New Energy Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a