Gearbulk ESGreport 2024 Paperturn - Flipbook - Page 20
GEARBULK
SCOPE 2
INDIRECT EMISSIONS:
CARBON DIOXIDE
Scope 2 emissions cover indirect emissions from the gener-
During 2024 total emissions resulting from our administration
ation of purchased electricity, steam, heating and cooling
buildings equalled 76 tonn. This is a decrease of 31% from
consumed by Gearbulk across all o昀케ces where we operate.
the previous year mainly due to updated emission factors
and the sale of our Terminal in the US in 2022.
Electricity consumption
Electricity is the main energy source used by our o昀케ces. All
As a tenant in leased buildings, we currently do not have direct
energy sources are included in the emission data. The CO2
control over emissions from purchased energy, as these are
emission factor (tCO2 per kWh) from our o昀케ces’ local energy
managed by our landlord or property managers. Therefore,
supplier is used where available. We have applied the loca-
we are unable to isolate and quantify the emissions reductions
tion-based approach to calculate the electricity consumption
resulting from our initiatives. As part of our procurement
in the report.
policy we aim 昀椀nd solutions to meet our emission reduction
targets.
Indirect Emissions
Scope 2 Emissions (location based)
20
PART 2 – ENVIRONMENT
Unit
2023
Change from
Base Year
2024
Change from
Base Year
tCO2e
81
-28%
76
-32%
