- A fire at the factory in Taixing Economic Development Zone, Jiangsu Province, China.
- Supply chain disruptions due to geopolitical factors and market competition.
GEM Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, GEM Co., Ltd. disclosed greenhouse gas emissions of 766.1K tCO2e (Scope 1 & 2). By scope: Scope 1: 98.2K tCO2e; Scope 2: 667.9K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
766.1K tCO2e (Scope 1 & 2)
2023
Water Usage
2.95 million m³ (recycled)
2023
Energy Use
642.2K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 98.2K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 667.9K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 766.1K tCO2e (Scope 1 & 2) |
| 2022-01 to 2022-06 | 299.2K tons CO2e (Jan-Jun 2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by approximately 74,250.42 tons through clean energy use and energy conservation.
- Carbon reduction from recycling business exceeded 715,600 tons.
- Obtained ISO14067:2018 "Carbon Footprint Certification" for 20 products.
- 23 companies passed ISO 14001 certification
- Zero environmental accidents; compliance rate of 100%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 50% circular utilization of nickel-cobalt-lithium resources by 2027.
📅 Medium-term
- Achieve 70% circular utilization of nickel-cobalt-lithium resources by 2030.
- Reduce annual CO2 emissions by over 2 million tons by 2030.
🔭 Long-term
- Achieve 100% circular utilization of nickel-cobalt-lithium resources by 2035.
- Achieve zero-carbon manufacturing for all products.
🌱 ESG Focus Areas
Environmental ProtectionCarbon ReductionSocial ResponsibilityCorporate GovernanceClimate ChangeSupply Chain ResponsibilityEmployee DevelopmentCommunity EngagementInnovation