In 2024, GPT Group 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).
GPT Group has also provided a category-level breakdown for 2 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 | 6,590a | 7,488a | 8,757a | |
Total Scope 2 | ||||
Market-Based | 21,357a | 26,654a | 37,037a | |
Location-Based | 80,128a | 84,235b | 87,485b | |
Total Scope 3 | 24,496a | 24,580a | 25,191a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 10.7488a | 12.207a | 16.0309a |
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In 2024, the total operational greenhouse gas (GHG) emissions of GPT Group amounted to 86,718 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 GPT Group decreased by 5.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of GPT Group were 6,590 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, GPT Group's Scope 1 emissions have decreased by 34.96%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), GPT Group's Scope 1 emissions decreased by 11.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, GPT Group reported Scope 2 greenhouse gas (GHG) emissions of 21,357 tCO₂e using the market-based method and 80,128 tCO₂e using the location-based method.a
Since 2019, GPT Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 35.95%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), GPT Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GPT Group's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, GPT Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, GPT Group reported 24,496 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 GPT Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, GPT Group reported total Scope 3 emissions of 24,496 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, GPT Group's Scope 3 emissions have decreased by 30.87%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), GPT Group's Scope 3 emissions remained relatively stable, indicating that GPT Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, GPT Group reported emissions for 2 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 GPT Group's Scope 3 emissions were:a
In 2024, GPT Group reported Scope 1 greenhouse gas (GHG) emissions of 6,590 tCO₂e and total revenues of USD 613 millions. This translates into an emissions intensity of 10.75 tCO₂e per millions USD.a
In 2024, GPT Group reported a Scope 1 emissions intensity of 10.75 tCO₂e per millions USD. Compared to the peer group median of 5.43, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, GPT Group ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places GPT Group among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, GPT Group reported a total carbon footprint of 111,214 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to GPT Group's total carbon footprint was Scope 2 emissions, accounting for 72.05% of the company's total carbon footprint, followed by Scope 3 emissions at 22.03%.a