GCL New Energy Holdings Ltd

Common Name
GCL New Energy Holdings
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Renewable
Employees
1,153
Ticker
451
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
GCL New Energy Holdings Limited, an investment holding company, develops, constructs, operates, and manages solar power plants in the People's Republic of China and the United States. It also engages ...

GCL New Energy Holdings's GHG Emissions Data Preview

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind GCL New Energy Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore GCL New Energy Holdings’s data sources below and access millions more through our Disclosure Search.

a. GCL New Energy Holdings's ESG Report 2023
a. GCL New Energy Holdings's ESG Report 2023
b. GCL New Energy Holdings's ESG Report 2022
b. GCL New Energy Holdings's ESG Report 2022

Insights into GCL New Energy Holdings's Operational Emissions

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. a b

GCL New Energy Holdings's Scope 1 Emissions Over Time

2022202301.5 k3 k4.5 k6 ktCO2e+1707%
  • Total Scope 1
  • Year-over-Year Change

What are GCL New Energy Holdings's Scope 1 emissions?

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. a b

What are GCL New Energy Holdings's Scope 2 emissions?

In 2023, GCL New Energy Holdings reported Scope 2 greenhouse gas (GHG) emissions of 114.03 tCO₂e without specifying the calculation method. a

Has GCL New Energy Holdings reduced its Scope 2 emissions over time?

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. a b

What methodology does GCL New Energy Holdings use for Scope 2 reporting?

In 2023, GCL New Energy Holdings reported its Scope 2 emissions using an unspecified methodology. a

GCL New Energy Holdings's Scope 2 Emissions Over Time

2022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GCL New Energy Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, GCL New Energy Holdings reported Scope 1 greenhouse gas (GHG) emissions of 4,921.08 tCO₂e and total revenues of USD 128 millions. This translates into an emissions intensity of 38.46 tCO₂e per millions USD. a

GCL New Energy Holdings's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)TACXBCPGYear: 2023Scope 1: 252 tCO2eRevenue: $M 146Scope 1 Intensity: 1.72 tCO2e/$MEnergy AbsoluteYear: 2023Scope 1: 53,375 tCO2eRevenue: $M 873Scope 1 Intensity: 61.11 tCO2e/$MRenovaYear: 2023Scope 1: 190 tCO2eRevenue: $M 252Scope 1 Intensity: 0.75 tCO2e/$MTTTPI Polene PowerYear: 2023Scope 1: 1,718,996 tCO2eRevenue: $M 319Scope 1 Intensity: 5,385.44 tCO2e/$MEnlight Renewable EnergyYear: 2023Scope 1: 256 tCO2eRevenue: $M 256Scope 1 Intensity: 1.00 tCO2e/$MSJVNYear: 2024Scope 1: 648 tCO2eRevenue: $M 308Scope 1 Intensity: 2.10 tCO2e/$MAAAydem Yenilenebilir EnerjiYear: 2024Scope 1: 1,787 tCO2eRevenue: $M 186Scope 1 Intensity: 9.60 tCO2e/$MScatecYear: 2024Scope 1: 889 tCO2eRevenue: $M 385Scope 1 Intensity: 2.31 tCO2e/$MCCChina Everbright GreentechYear: 2023Scope 1: 2,621,012 tCO2eRevenue: $M 950Scope 1 Intensity: 2,759.53 tCO2e/$MPertamina Geothermal EnergyYear: 2023Scope 1: 89,160 tCO2eRevenue: $M 406Scope 1 Intensity: 219.45 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MNHPCYear: 2025Scope 1: 4,016 tCO2eRevenue: $M 1,214Scope 1 Intensity: 3.31 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MContact EnergyYear: 2024Scope 1: 947,491 tCO2eRevenue: $M 1,731Scope 1 Intensity: 547.49 tCO2e/$MFortumYear: 2024Scope 1: 1,351,041 tCO2eRevenue: $M 6,036Scope 1 Intensity: 223.85 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MDrax GroupYear: 2024Scope 1: 266,000 tCO2eRevenue: $M 7,733Scope 1 Intensity: 34.40 tCO2e/$MVerbundYear: 2024Scope 1: 499,696 tCO2eRevenue: $M 8,579Scope 1 Intensity: 58.24 tCO2e/$MXXXinyi Energy HoldingsYear: 2023Scope 1: 345 tCO2eRevenue: $M 322Scope 1 Intensity: 1.07 tCO2e/$MERGYear: 2024Scope 1: 1,118 tCO2eRevenue: $M 768Scope 1 Intensity: 1.46 tCO2e/$MGCL New Energy HoldingsYear: 2023Scope 1: 4,921 tCO2eRevenue: $M 128Scope 1 Intensity: 38.46 tCO2e/$M

How does GCL New Energy Holdings's GHG emissions intensity compare to its peers?

In 2023, GCL New Energy Holdings reported a Scope 1 emissions intensity of 38.46 tCO₂e per millions USD. Compared to the peer group median of 33.45 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does GCL New Energy Holdings rank on GHG emissions intensity within its industry?

In 2023, GCL New Energy Holdings ranked 12 out of 20 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

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