GDS Holdings Ltd

Common Name
GDS Holdings
Country
China (Mainland)
Sector
Technology
Industry
Information Technology Services
Employees
2,276
Ticker
9698
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
GDS Holdings Ltd. is a leading developer and operator of high-performance data centers in China. The company's primary function is to provide enterprise-class data center hosting services, catering to...

GDS Holdings's GHG Emissions Data Preview

In 2024, GDS 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).

GDS Holdings has also provided a category-level breakdown for 10 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000

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Insights into GDS Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of GDS Holdings amounted to 2,601,064 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 GDS Holdings decreased by 5.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

GDS Holdings's Scope 1 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e+13%-37%+79%
  • Total Scope 1
  • Year-over-Year Change

What are GDS Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GDS Holdings were 63,279 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has GDS Holdings reduced its Scope 1 emissions over time?

Since 2021, GDS Holdings's Scope 1 emissions have increased by 27.52%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), GDS Holdings's Scope 1 emissions increased by 78.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are GDS Holdings's Scope 2 emissions?

In 2024, GDS Holdings reported Scope 2 greenhouse gas (GHG) emissions of 1,389,065 tCOâ‚‚e using the market-based method and 2,537,785 tCOâ‚‚e using the location-based method. a

Has GDS Holdings reduced its Scope 2 emissions over time?

Since 2021, GDS Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that GDS Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), GDS Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GDS Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does GDS Holdings use for Scope 2 reporting?

In 2024, GDS Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

GDS Holdings's Scope 2 Emissions Over Time

20212022202320240750 k1.5 M2.25 M3 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GDS Holdings's Value Chain Emissions

In 2024, GDS Holdings reported 1,027,663 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of GDS Holdings includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

GDS Holdings's Scope 3 Emissions Over Time

20212022202320240450 k900 k1.35 M1.8 MtCO2e-9%+113%-38%
  • Total Scope 3
  • Year-over-Year Change

What are GDS Holdings's Scope 3 emissions?

In 2024, GDS Holdings reported total Scope 3 emissions of 1,027,663 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 66.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 33.67% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has GDS Holdings reduced its Scope 3 emissions over time?

Since 2021, GDS Holdings's Scope 3 emissions have increased by 20.52%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), GDS Holdings's Scope 3 emissions decreased by 37.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does GDS Holdings disclose?

In 2024, GDS Holdings reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Fuel- and Energy-Related Services (Cat. 3): 550,360 tCOâ‚‚e (53.55%)
  • Downstream Leased Assets (Cat. 13): 345,971 tCOâ‚‚e (33.67%)
  • Purchased Goods and Services (Cat. 1): 93,151 tCOâ‚‚e (9.06%)

GDS Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(9.1%)Downstream LeasedAssets (Cat. 13)(33.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(53.6%)

Insights into GDS Holdings's Total Carbon Footprint

In 2024, GDS Holdings reported a total carbon footprint of 3,628,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.47% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to GDS Holdings's total carbon footprint was Scope 2 emissions, accounting for 69.94% of the company's total carbon footprint, followed by Scope 3 emissions at 28.32%. a

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