GEM Services, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021

In its 2022 reporting, GEM Services, Inc. disclosed greenhouse gas emissions of Shanghai: 20,858.30 tCO2e/year (Scope 2); Hefei: 13,620.99 tCO2e/year (Scope 2). By scope: Scope 1: 0 tCO2e/year; Scope 2: Shanghai: 20,858.30 tCO2e/year; Hefei: 13,620.99 tCO2e/year; Scope 3: 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
Shanghai: 20,858.30 tCO2e/year (Scope 2); Hefei: 13,620.99 tCO2e/year (Scope 2)
2022
💧
Water Usage
Shanghai: 107,296 m3/year (2022); Hefei: 120,895 m3/year (2022)
2022
♻️
Waste
Shanghai: 1,030 tons/year (2022); Hefei: 230 tons/year (2022)
2022
⚙️
Energy Use
Shanghai: Reduced by 8.14% compared to 2021; Hefei: Reduced by 10% compared to 2021
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.Shanghai: 20,858.30 tCO2e/year; Hefei: 13,620.99 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).0 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022Shanghai: 20,858.30 tCO2e/year (Scope 2); Hefei: 13,620.99 tCO2e/year (Scope 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Continue to develop existing product lines and collaborate with customers on new products.
  • Continue to improve brand image through product upgrades.

📅 Medium-term

  • Develop versatility in product line to provide total solutions for customers.
  • Develop key technologies and new-generation products.

🔭 Long-term

  • Promote internationalization and become a global enterprise.

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Fluctuations in interest rates, exchange rates, and inflation.
  • Concentration risk from top five customers accounting for about 50% of operating revenue.
  • Risks related to centralized input and output undertakings.
  • Potential risks from changes in government policies and laws.
  • Impacts of changes in science and technology, including ICT security risks.
  • Potential risks from mergers and acquisitions.
  • Risks from expansion of plant buildings.
  • Risks of violating intellectual property and patent rights.
  • Potential decrease in average sale price.
  • Risks associated with operating in multiple countries with varying legal and regulatory environments.

📋 Report Information

Reporting Period: 2022
Frameworks: IFRS
Assurance: Deloitte & Touche