In 2024, Global Power Synergy 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).
Global Power Synergy has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 11,655,191.7a | 8,543,503.91a | 12,680,802.16a | |
Total Scope 2 | ||||
Market-Based | 25,021.44a | 29,141.81a | 27,850.95a | |
Location-Based | 25,021.44a | 29,141.81a | 27,850.95a | |
Total Scope 3 | 1,200,053.14a | 1,051,280.98a | 1,555,098.09a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4,410.693a | 3,257.3882a | 3,550.4355a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Global Power Synergy amounted to 11,680,213.14 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 Global Power Synergy increased by 36.25%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Global Power Synergy were 11,655,191.7 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Global Power Synergy's Scope 1 emissions have increased by 4.08%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Global Power Synergy's Scope 1 emissions increased by 36.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Global Power Synergy reported Scope 2 greenhouse gas (GHG) emissions of 25,021.44 tCO₂e using the market-based method and 25,021.44 tCO₂e using the location-based method.a
Since 2019, Global Power Synergy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 97.88%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Global Power Synergy's Scope 2 emissions (Location-Based) fell by 14.14% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Global Power Synergy reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Global Power Synergy reported 1,200,053.14 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 Global Power Synergy includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Global Power Synergy reported total Scope 3 emissions of 1,200,053.14 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
Since 2019, Global Power Synergy's Scope 3 emissions have increased by 272.69%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Global Power Synergy's Scope 3 emissions increased by 14.15%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Global Power Synergy reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Global Power Synergy's Scope 3 emissions were:a
In 2024, Global Power Synergy reported Scope 1 greenhouse gas (GHG) emissions of 11,655,191.7 tCO₂e and total revenues of USD 2,642 millions. This translates into an emissions intensity of 4,410.69 tCO₂e per millions USD.a
In 2024, Global Power Synergy reported a Scope 1 emissions intensity of 4,410.69 tCO₂e per millions USD. Compared to the peer group median of 2,260.99, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Global Power Synergy ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Global Power Synergy among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Global Power Synergy reported a total carbon footprint of 12,880,266.28 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Global Power Synergy's total carbon footprint was Scope 1 emissions, accounting for 90.49% of the company's total carbon footprint, followed by Scope 3 emissions at 9.32%.a