- Rising competition from renewable energies
- Tightening government regulations and industry practices
- Incident of subsidence and deformation of land adjacent to the Inner Mongolia Coal Mine 958
- High staff turnover (28.14% in 2023)
Grand Ocean Advanced Resources Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Grand Ocean Advanced Resources Company Limited disclosed greenhouse gas emissions of 9.2K tCO2e/year. By scope: Scope 1: 835.6 tCO2e/year; Scope 2: 8.3K tCO2e/year; Scope 3: 58.0 tCO2e/year. 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
9.2K tCO2e/year
2023
Water Usage
102.1K m3/year
2023
Waste
107.4 tons/year
2023
Energy Use
16.8M kWh/year
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). | 835.6 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 58.0 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Upgraded energy sources, replacing LPG with methanol
- Implemented dust control measures (storage facility, road enhancements, water sprinkler system, dedicated facilities, covered trucks, speed limits)
- Met the requirement of the Integrated Emission Standard of Air Pollutants for SOx and TSP emission
- Greening in the managed mining area (trimming, cladding, seeding with Sea Buckthorn, watering)
- Achieved zero work-related fatalities in the past 3 years
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve 15% reduction of emission by 2030 from the base year of 2021 (scope 1 & 2)
🔭 Long-term
- Achieve 50% reduction in NOx emission by 2050
🌱 ESG Focus Areas
Environmental ProtectionSocial ResponsibilityOperating PracticesSustainabilityClimate ChangeIntellectual PropertyEmployee Health and Workplace SafetyEnergy ConsumptionGreenhouse Gas EmissionWater ConsumptionEqual OpportunityAnti-child and Forced Labour