- Fluctuating exchange rates, oil prices, and raw material costs due to geopolitical instability
- Commercializing new technologies like VPP and CCUS
- Climate change risks, including physical risks (extreme weather) and transition risks (regulatory changes)
- Maintaining competitiveness in the retail and trading industries amid market changes
GS Holdings Corp
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, GS Holdings Corp disclosed greenhouse gas emissions of Vary across subsidiaries (detailed in report). By scope: Scope 1: Vary across subsidiaries (detailed in report); Scope 2: Vary across subsidiaries (detailed in report); Scope 3: Not managed data. 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
Vary across subsidiaries (detailed in report)
2023
Renewable Energy
Not explicitly stated as a single figure for the entire group
of total energy
Water Usage
Vary across subsidiaries (detailed in report)
2023
Waste
Vary across subsidiaries (detailed in report)
2023
Energy Use
Vary across subsidiaries (detailed in report)
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). | Vary across subsidiaries (detailed in report) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | Vary across subsidiaries (detailed in report) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | Not managed data |
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 | Vary across subsidiaries (detailed in report) |
| 2022 | 3.1M tCO2e/year (Consolidated) |
| 2020 | 7.8M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions (Specific figures vary across subsidiaries and are detailed in the report)
- Improved energy efficiency across various subsidiaries (Specific figures and cost savings are detailed in the report)
- Expanded biofuel business, including successful pilot flights using bio-jet fuel and bio-marine oil
- Increased waste recycling rates (Specific figures vary across subsidiaries and are detailed in the report)
- Implemented smart energy management systems (SEMS) in GS Retail stores, reducing electricity bills by 13.5%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Install SEMS in all GS Retail stores by 2024
- Reduce Scope 1 and 2 emissions intensity by 3% annually
📅 Medium-term
- Achieve carbon neutrality by 2050 (GS Energy)
🔭 Long-term
- Achieve carbon neutrality by 2050 (GS Energy)
🌱 ESG Focus Areas
Climate ChangeMutual Growth with SuppliersGHG Emissions ReductionEco-friendly Business Portfolio ExpansionSafety CultureWaste Management and Circular Economy