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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of GEM amounted to 915,239.88 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 GEM decreased by 11.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of GEM were 121,745.9 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, GEM reported Scope 2 greenhouse gas (GHG) emissions of 793,493.98 tCO₂e without specifying the calculation method.a
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
In 2024, GEM reported its Scope 2 emissions using an unspecified methodology.a
In 2024, GEM reported 10,363,689.41 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 GEM includes a breakdown across 0 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
In 2024, GEM reported total Scope 3 emissions of 10,363,689.41 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, GEM reported Scope 1 greenhouse gas (GHG) emissions of 121,745.9 tCO₂e and total revenues of USD 4,549 millions. This translates into an emissions intensity of 26.76 tCO₂e per millions USD.a
In 2024, GEM reported a Scope 1 emissions intensity of 26.76 tCO₂e 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
In 2024, GEM ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, GEM reported a total carbon footprint of 11,278,929.29 metric tons of CO₂ equivalent (tCO₂e) 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