In 2024, GOR 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).
GOR has also provided a category-level breakdown for 1 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 | 360a | 410a | 470a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 3,890a | 5,610a | 5,480a | |
Total Scope 3 | 4,820a | 6,530a | 4,880a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.7664a | 4.4035a | 5.9819a |
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In 2024, the total operational greenhouse gas (GHG) emissions of GOR amounted to 4,250 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 GOR decreased by 29.4%, 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 GOR were 360 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, GOR's Scope 1 emissions have decreased by 23.4%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), GOR's Scope 1 emissions decreased by 12.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, GOR reported Scope 2 greenhouse gas (GHG) emissions of 3,890 tCO₂e without specifying the calculation method.a
Since 2022, GOR's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 29.01%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), GOR's Scope 2 emissions (Unspecified Calculation Method) fell by 30.66% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, GOR reported its Scope 2 emissions using an unspecified methodology.a
In 2024, GOR reported 4,820 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 GOR includes a breakdown across 1 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, GOR reported total Scope 3 emissions of 4,820 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, GOR's Scope 3 emissionshave remained relatively stable, indicating that GOR's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), GOR's Scope 3 emissions decreased by 26.19%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, GOR reported emissions for 1 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 GOR's Scope 3 emissions were:a
In 2024, GOR reported Scope 1 greenhouse gas (GHG) emissions of 360 tCO₂e and total revenues of USD 96 millions. This translates into an emissions intensity of 3.77 tCO₂e per millions USD.a
In 2024, GOR reported a Scope 1 emissions intensity of 3.77 tCO₂e per millions USD. Compared to the peer group median of 4.6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, GOR ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
GOR is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, GOR reported a total carbon footprint of 9,070 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.73% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to GOR's total carbon footprint was Scope 3 emissions, accounting for 53.14% of the company's total carbon footprint, followed by Scope 2 emissions at 42.89%.a