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GEM Co Ltd

Common Name
GEM
Country
China (Mainland)
Sector
Industrials
Industry
Waste Management
Employees
11,310
Ticker
002340
Exchange
SHENZHEN STOCK EXCHANGE
Description
Gem Co. Ltd. is a leading company in the manufacturing sector, primarily focusing on the production of environmental protection equipment. The company's core mission is to provide innovative solutions...

GEM's GHG Emissions Data Preview

In 2024, GEM 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).

However, GEM has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind GEM’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 GEM’s data sources below and access millions more through our Disclosure Search.

a. GEM's Sustainability Report 2024
a. GEM's Sustainability Report 2024

Insights into GEM's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGEM amounted to915,239.88metric 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 GEMdecreased by 11.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

GEM's Scope 1 Emissions Over Time

20232024035 k70 k105 k140 ktCO2e+92%
  • Total Scope 1
  • Year-over-Year Change

What are GEM's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GEM were 121,745.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), GEM's Scope 1 emissions increased by 91.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are GEM's Scope 2 emissions?

In 2024, GEM reported Scope 2 greenhouse gas (GHG) emissions of 793,493.98 tCOâ‚‚e without specifying the calculation method.a

Has GEM reduced its Scope 2 emissions over time?

Compared to the previous year(2023), GEM's Scope 2 emissions(Unspecified Calculation Method) fell by 18.03% 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 GEM use for Scope 2 reporting?

In 2024, GEM reported its Scope 2 emissions using an unspecified methodology.a

GEM's Scope 2 Emissions Over Time

202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GEM's Value Chain Emissions

In 2024, GEM reported 10,363,689.41 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 GEM includes a breakdown across 0of 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

GEM's Scope 3 Emissions Over Time

2023202403 M6 M9 M12 MtCO2e+62%
  • Total Scope 3
  • Year-over-Year Change

What are GEM's Scope 3 emissions?

In 2024, GEM reported total Scope 3 emissions of 10,363,689.41 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year (2023), GEM's Scope 3 emissions increased by 62.16%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into GEM’s GHG Emissions Intensity Compared to Industry Peers

In 2024, GEM reported Scope 1 greenhouse gas (GHG) emissions of 121,745.9 tCOâ‚‚e and total revenues of USD 4,549 millions. This translates into an emissions intensity of 26.76 tCOâ‚‚e per millions USD.a

GEM's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)CEQSXSBCWHXZCRGCOSCO SHIPPING DevelopmentYear: 2024Scope 1: 46,330 tCO2eRevenue: $M 3,786Scope 1 Intensity: 12.24 tCO2e/$MJUNEYAO AIRLINESYear: 2024Scope 1: 2,859,759 tCO2eRevenue: $M 3,027Scope 1 Intensity: 944.60 tCO2e/$MBEURYear: 2024Scope 1: 118,226 tCO2eRevenue: $M 849Scope 1 Intensity: 139.27 tCO2e/$MChina Railway MaterialsYear: 2024Scope 1: 969,702 tCO2eRevenue: $M 5,222Scope 1 Intensity: 185.68 tCO2e/$MCCCRHICYear: 2024Scope 1: 38,989 tCO2eRevenue: $M 3,974Scope 1 Intensity: 9.81 tCO2e/$MEEEastern Air LogisticsYear: 2024Scope 1: 1,575,785 tCO2eRevenue: $M 3,296Scope 1 Intensity: 478.07 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MSSShanghai Mechanical & Electrical IndustryYear: 2024Scope 1: 3,900 tCO2eRevenue: $M 2,834Scope 1 Intensity: 1.38 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MBeijing Originwater TechnologyYear: 2022Scope 1: 518,100 tCO2eRevenue: $M 1,248Scope 1 Intensity: 415.15 tCO2e/$MZPMCYear: 2024Scope 1: 181,425 tCO2eRevenue: $M 4,721Scope 1 Intensity: 38.43 tCO2e/$MSSSinomachYear: 2024Scope 1: 224,279 tCO2eRevenue: $M 1,737Scope 1 Intensity: 129.14 tCO2e/$MBBBeijing Capital Eco-Environment Protection GroupYear: 2024Scope 1: 2,334,500 tCO2eRevenue: $M 2,747Scope 1 Intensity: 849.75 tCO2e/$MSinotransYear: 2024Scope 1: 163,316 tCO2eRevenue: $M 14,472Scope 1 Intensity: 11.28 tCO2e/$MZoomlionYear: 2024Scope 1: 50,921 tCO2eRevenue: $M 6,232Scope 1 Intensity: 8.17 tCO2e/$MCCChina Shipbuilding Industry Group PowerYear: 2024Scope 1: 15,638 tCO2eRevenue: $M 7,083Scope 1 Intensity: 2.21 tCO2e/$MWWWeiming Environment ProtectionYear: 2023Scope 1: 14,827 tCO2eRevenue: $M 848Scope 1 Intensity: 17.49 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MHainan Airlines HoldingYear: 2024Scope 1: 10,830,995 tCO2eRevenue: $M 8,939Scope 1 Intensity: 1,211.69 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MZZZTO Express (Cayman)Year: 2024Scope 1: 1,497,388 tCO2eRevenue: $M 6,605Scope 1 Intensity: 226.71 tCO2e/$MCCConch EnviroYear: 2023Scope 1: 28,101 tCO2eRevenue: $M 290Scope 1 Intensity: 97.05 tCO2e/$MRRRonbay TechnologyYear: 2024Scope 1: 9,501 tCO2eRevenue: $M 2,067Scope 1 Intensity: 4.60 tCO2e/$MGGGEMYear: 2024Scope 1: 121,746 tCO2eRevenue: $M 4,549Scope 1 Intensity: 26.76 tCO2e/$M

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

In 2024, GEM reported a Scope 1 emissions intensity of 26.76 tCOâ‚‚e per millions USD. Compared to the peer group median of 22.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does GEM rank on GHG emissions intensity within its industry?

In 2024, GEM ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

GEM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into GEM's Total Carbon Footprint

In 2024, GEM reported a total carbon footprint of 11,278,929.29 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 51.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to GEM's total carbon footprint was Scope 3 emissions, accounting for 91.89% of the company's total carbon footprint, followed by Scope 2 emissions at 7.04%.a

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