- Long supply times for raw materials requiring high inventory levels.
- Fluctuations in raw material prices.
- Potential risks associated with single-sourcing of raw materials.
GenCell Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, GenCell Ltd. disclosed greenhouse gas emissions of 89.4 tCO2e (Scope 1) + 749.2 tCO2e (Scope 2) = 838.6 tCO2e in 2021; 98.1 tCO2e (Scope 1) + 319.5 tCO2e (Scope 2) = 417.6 tCO2e in 2022. By scope: Scope 1: 89.4 tCO2e in 2021; 98.1 tCO2e in 2022; Scope 2: 749.2 tCO2e in 2021; 319.5 tCO2e in 2022. 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
89.4 tCO2e (Scope 1) + 749.2 tCO2e (Scope 2) = 838.6 tCO2e in 2021; 98.1 tCO2e (Scope 1) + 319.5 tCO2e (Scope 2) = 417.6 tCO2e in 2022
2022
Water Usage
954 m3 in 2021; 387 m3 in 2022
2022
Waste
2.12 tons in 2020, 2021, and 2022
2022
Energy Use
40.8K Liters in 2021; 42992.59 Liters in 2022
2022
📊 Emissions by Scope (2022)
| 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). | 89.4 tCO2e in 2021; 98.1 tCO2e in 2022 |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 749.2 tCO2e in 2021; 319.5 tCO2e in 2022 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Significant decrease in Scope 2 emissions (58%) due to LED lighting replacement in manufacturing facility.
- 76% decrease in water consumption between 2020 and 2022.
- Each GenCell FOX™ system installation estimated to save approx. 500 tons of CO2 emissions over 10 years.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete and certify LCA results for at least one product by 2025.
- 100% of suppliers to sign Supplier Code of Conduct by 2024.
- Complete assessment of ESG impacts of select material suppliers by 2025.
📅 Medium-term
- Prevent CO2e through product use by 2026 (amount to be calculated following LCA).
- Majority of products to enable energy access in developing countries by 2026.
- One product certified by a major carbon neutral certification by 2027.
- Achieve ISO 14001 certification by 2027.
- 40% women on Board of Directors by 2026.
🔭 Long-term
- All products 100% recyclable/reused by 2030.
- Zero waste to landfill by 2030 (10% YOY reduction).
- Reach Net-Zero emissions by 2035.
🌱 ESG Focus Areas
Impactful ProductsResponsible ManufacturingManagement & Conduct