GCL Technology Holdings Ltd

Common Name
GCL Technology Holdings
Country
Hong Kong
Sector
Technology
Industry
Solar
Employees
9,305
Ticker
3800
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
GCL Technology Holdings Ltd. is a leading player in the energy sector, primarily focusing on the production and supply of photovoltaic materials. The company is pivotal in the solar industry, offering...

GCL Technology Holdings's GHG Emissions Data Preview

In 2024, GCL Technology 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

GCL Technology Holdings has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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 Technology 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 Technology Holdings’s data sources below and access millions more through our Disclosure Search.

a. GCL Technology Holdings's ESG Report 2024
a. GCL Technology Holdings's ESG Report 2024
b. GCL Technology Holdings's ESG Report 2023
b. GCL Technology Holdings's ESG Report 2023

Insights into GCL Technology Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of GCL Technology Holdings amounted to 8,632,199 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 2023, the total operational greenhouse gas (GHG) emissions of GCL Technology Holdings decreased by 3.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

GCL Technology Holdings's Scope 1 Emissions Over Time

2022202320240900 k1.8 M2.7 M3.6 MtCO2e+41%+13%
  • Total Scope 1
  • Year-over-Year Change

What are GCL Technology Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GCL Technology Holdings were 3,423,445 metric tons of CO₂ equivalent (tCO₂e). a

Has GCL Technology Holdings reduced its Scope 1 emissions over time?

Since 2022, GCL Technology Holdings's Scope 1 emissions have increased by 58.35%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), GCL Technology Holdings's Scope 1 emissions increased by 12.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are GCL Technology Holdings's Scope 2 emissions?

In 2024, GCL Technology Holdings reported Scope 2 greenhouse gas (GHG) emissions of 5,208,754 tCO₂e without specifying the calculation method. a

Has GCL Technology Holdings reduced its Scope 2 emissions over time?

Since 2022, GCL Technology Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 68.11%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), GCL Technology Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 11.59% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does GCL Technology Holdings use for Scope 2 reporting?

In 2024, GCL Technology Holdings reported its Scope 2 emissions using an unspecified methodology. a

GCL Technology Holdings's Scope 2 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GCL Technology Holdings's Value Chain Emissions

In 2024, GCL Technology Holdings reported 5,689,867.45 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 2024 disclosure of GCL Technology Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

GCL Technology Holdings's Scope 3 Emissions Over Time

2023202401.5 M3 M4.5 M6 MtCO2e+14%
  • Total Scope 3
  • Year-over-Year Change

What are GCL Technology Holdings's Scope 3 emissions?

In 2024, GCL Technology Holdings reported total Scope 3 emissions of 5,689,867.45 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

Compared to the previous year (2023), GCL Technology Holdings's Scope 3 emissions increased by 13.55%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does GCL Technology Holdings disclose?

In 2024, GCL Technology Holdings reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of GCL Technology Holdings's Scope 3 emissions?

In 2024, the largest contributors to GCL Technology Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 5,232,236.07 tCO₂e (91.96%)
  • Upstream Transportation and Distribution (Cat. 4): 322,256.93 tCO₂e (5.66%)
  • Downstream Transportation and Distribution (Cat. 9): 120,261.08 tCO₂e (2.11%)

GCL Technology Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(92.0%)UpstreamTransportation andDistribution(Cat. 4)(5.7%)DownstreamTransportation andDistribution(Cat. 9)(2.1%)

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

In 2024, GCL Technology Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,423,445 tCO₂e and total revenues of USD 2,252 millions. This translates into an emissions intensity of 1,520.19 tCO₂e per millions USD. a

GCL Technology Holdings's Scope 1 Emissions Intensity Compared to Peers

1002,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)5505005,00050,000Revenues (Millions of USD)KXKKKingboard Laminates HoldingsYear: 2024Scope 1: 228,549 tCO2eRevenue: $M 2,387Scope 1 Intensity: 95.73 tCO2e/$MTrina SolarYear: 2023Scope 1: 107,700 tCO2eRevenue: $M 15,955Scope 1 Intensity: 6.75 tCO2e/$MShanghai Aiko Solar EnergyYear: 2023Scope 1: 5,521 tCO2eRevenue: $M 3,823Scope 1 Intensity: 1.44 tCO2e/$MGCL SIYear: 2023Scope 1: 1,310 tCO2eRevenue: $M 2,247Scope 1 Intensity: 0.58 tCO2e/$MSkyworth GroupYear: 2023Scope 1: 2,603 tCO2eRevenue: $M 10,604Scope 1 Intensity: 0.25 tCO2e/$MCanadian SolarYear: 2023Scope 1: 54,982 tCO2eRevenue: $M 7,614Scope 1 Intensity: 7.22 tCO2e/$MSolaredge TechnologiesYear: 2023Scope 1: 9,895 tCO2eRevenue: $M 2,977Scope 1 Intensity: 3.32 tCO2e/$MTongweiYear: 2023Scope 1: 1,212,243 tCO2eRevenue: $M 19,573Scope 1 Intensity: 61.94 tCO2e/$MJinko SolarYear: 2023Scope 1: 104,000 tCO2eRevenue: $M 16,699Scope 1 Intensity: 6.23 tCO2e/$MMeyer Burger TechnologyYear: 2023Scope 1: 305 tCO2eRevenue: $M 161Scope 1 Intensity: 1.90 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MHanwha SolutionsYear: 2023Scope 1: 462,646 tCO2eRevenue: $M 10,399Scope 1 Intensity: 44.49 tCO2e/$MGoldwinYear: 2023Scope 1: 312 tCO2eRevenue: $M 7Scope 1 Intensity: 46.10 tCO2e/$MNextrackerYear: 2023Scope 1: 224 tCO2eRevenue: $M 1,902Scope 1 Intensity: 0.12 tCO2e/$MFirst SolarYear: 2023Scope 1: 11,638 tCO2eRevenue: $M 3,319Scope 1 Intensity: 3.51 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$MXXXinte EnergyYear: 2023Scope 1: 4,454,305 tCO2eRevenue: $M 4,732Scope 1 Intensity: 941.23 tCO2e/$MNEXTDCYear: 2025Scope 1: 7,927 tCO2eRevenue: $M 2,959Scope 1 Intensity: 2.68 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MRisen EnergyYear: 2023Scope 1: 58,895 tCO2eRevenue: $M 4,971Scope 1 Intensity: 11.85 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,073Scope 1 Intensity: 1,768.00 tCO2e/$MGCL Technology HoldingsYear: 2024Scope 1: 3,423,445 tCO2eRevenue: $M 2,252Scope 1 Intensity: 1,520.19 tCO2e/$M

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

In 2024, GCL Technology Holdings reported a Scope 1 emissions intensity of 1,520.19 tCO₂e per millions USD. Compared to the peer group median of 6.75 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, GCL Technology Holdings ranked 20 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places GCL Technology Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into GCL Technology Holdings's Total Carbon Footprint

In 2024, GCL Technology Holdings reported a total carbon footprint of 14,322,066.45 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.71% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to GCL Technology Holdings's total carbon footprint was Scope 3 emissions, accounting for 39.73% of the company's total carbon footprint, followed by Scope 2 emissions at 36.37%. a

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