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
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data

Verified Sources Behind GDS 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 GDS Holdings’s data sources below and access millions more through our Disclosure Search.

a. GDS Holdings's ESG Report 2024
a. GDS Holdings's ESG Report 2024
b. GDS Holdings's ESG Report 2023
b. GDS Holdings's ESG Report 2023

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 CO₂ equivalent (tCO₂e). 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 tCO₂e using the market-based method and 2,537,785 tCO₂e 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 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 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 CO₂ equivalent (tCO₂e). 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 tCO₂e (53.55%)
  • Downstream Leased Assets (Cat. 13): 345,971 tCO₂e (33.67%)
  • Purchased Goods and Services (Cat. 1): 93,151 tCO₂e (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 GHG Emissions Intensity Compared to Industry Peers

In 2024, GDS Holdings reported Scope 1 greenhouse gas (GHG) emissions of 63,279 tCO₂e and total revenues of USD 1,540 millions. This translates into an emissions intensity of 41.1 tCO₂e per millions USD. a

GDS Holdings's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)CNTEHYangjieYear: 2023Scope 1: 11,034 tCO2eRevenue: $M 761Scope 1 Intensity: 14.50 tCO2e/$MCCChinasoft InternationalYear: 2023Scope 1: 111 tCO2eRevenue: $M 2,637Scope 1 Intensity: 0.04 tCO2e/$MNNNexchip SemiconductorYear: 2023Scope 1: 134,831 tCO2eRevenue: $M 1,019Scope 1 Intensity: 132.29 tCO2e/$MKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MHytera CommunicationsYear: 2022Scope 1: 66 tCO2eRevenue: $M 812Scope 1 Intensity: 0.08 tCO2e/$MiSoftStoneYear: 2023Scope 1: 5,032 tCO2eRevenue: $M 2,474Scope 1 Intensity: 2.03 tCO2e/$MSilergyYear: 2024Scope 1: 63 tCO2eRevenue: $M 564Scope 1 Intensity: 0.11 tCO2e/$MGlodonYear: 2023Scope 1: 15 tCO2eRevenue: $M 926Scope 1 Intensity: 0.02 tCO2e/$MLegend HoldingsYear: 2024Scope 1: 3,758,740 tCO2eRevenue: $M 78,243Scope 1 Intensity: 48.04 tCO2e/$MShanghai Aiko Solar EnergyYear: 2023Scope 1: 5,521 tCO2eRevenue: $M 3,823Scope 1 Intensity: 1.44 tCO2e/$MTTTravelSky TechnologyYear: 2023Scope 1: 4,664 tCO2eRevenue: $M 1,067Scope 1 Intensity: 4.37 tCO2e/$MEEEverdisplay Optronics ShanghaiYear: 2023Scope 1: 7,664 tCO2eRevenue: $M 428Scope 1 Intensity: 17.93 tCO2e/$MYealinkYear: 2023Scope 1: 382 tCO2eRevenue: $M 612Scope 1 Intensity: 0.62 tCO2e/$MShengyi TechnologyYear: 2023Scope 1: 101,889 tCO2eRevenue: $M 2,334Scope 1 Intensity: 43.66 tCO2e/$MHHHua Hong SemiconductorYear: 2024Scope 1: 25,331 tCO2eRevenue: $M 14,397Scope 1 Intensity: 1.76 tCO2e/$MVNET GroupYear: 2023Scope 1: 27,892 tCO2eRevenue: $M 1,043Scope 1 Intensity: 26.74 tCO2e/$MGigaDevice SemiconductorYear: 2023Scope 1: 226 tCO2eRevenue: $M 811Scope 1 Intensity: 0.28 tCO2e/$MIBIYear: 2023Scope 1: 222 tCO2eRevenue: $M 7,130Scope 1 Intensity: 0.03 tCO2e/$MGDS HoldingsYear: 2024Scope 1: 63,279 tCO2eRevenue: $M 1,540Scope 1 Intensity: 41.10 tCO2e/$M

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

In 2024, GDS Holdings reported a Scope 1 emissions intensity of 41.1 tCO₂e per millions USD. Compared to the peer group median of 1.6 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, GDS Holdings ranked 16 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into GDS Holdings's Total Carbon Footprint

In 2024, GDS Holdings reported a total carbon footprint of 3,628,727 metric tons of CO₂ equivalent (tCO₂e) 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

Want Full Access to GDS Holdings's GHG Emissions Dataset?
Sign Up