A.Gul KG's Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
Diamond Wholesaler

1.4 Number of employees in the reporting year

*
17

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2023

2.2 Near-term target

*

30% of absolute scope 2 emission reduction from my base year by 2023

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Scope 1 Emissions Reduction Plans: Transition to Electric Vehicles (EVs): Transition 100% of our fleet to electric vehicles by 2027. This will reduce Scope 1 emissions from our current 12 metric tons to 6 metric tons (a reduction of 50%). We expect to achieve less than 8 metric tons in Scope 1 emissions by the target year. Energy Efficiency in Office: By implementing energy-saving practices (e.g., LED lighting, energy-efficient HVAC, and smart building management), we will reduce Scope 1 emissions from energy consumption by 20%, contributing to our overall goal. Scope 2 Emissions Reduction Plans: 100% Renewable Energy Procurement: We will transition to 100% renewable energy by 2025, which will eliminate location-based Scope 2 emissions (from grid electricity) and reduce market-based emissions to less than 2 metric tons. Energy Efficiency in Operations: We will continue to focus on energy-efficient equipment and behavior within the office to further reduce our total energy consumption and Scope 2 emissions. This is expected to decrease our overall energy demand by 10% by 2030.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
170000 kwh

3.3 Renewable energy

*
50.000 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
8 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
2 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Scope 1 Emissions Reduction Plans: Transition to Electric Vehicles (EVs): Transition 100% of our fleet to electric vehicles by 2027. This will reduce Scope 1 emissions from our current 12 metric tons to 6 metric tons (a reduction of 50%). We expect to achieve less than 8 metric tons in Scope 1 emissions by the target year. Energy Efficiency in Office: By implementing energy-saving practices (e.g., LED lighting, energy-efficient HVAC, and smart building management), we will reduce Scope 1 emissions from energy consumption by 20%, contributing to our overall goal. Scope 2 Emissions Reduction Plans: 100% Renewable Energy Procurement: We will transition to 100% renewable energy by 2025, which will eliminate location-based Scope 2 emissions (from grid electricity) and reduce market-based emissions to less than 2 metric tons. Energy Efficiency in Operations: We will continue to focus on energy-efficient equipment and behavior within the office to further reduce our total energy consumption and Scope 2 emissions. This is expected to decrease our overall energy demand by 10% by 2030.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1 & 2 Emissions Calculation and Data Accuracy Calculation Methodology Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased energy) are calculated using the GHG Protocol and ISO 14064 standards. The process includes: Data Collection Scope 1: Fuel consumption in company vehicles, boilers, and generators (data from fuel records and meters). Scope 2: Purchased electricity, steam, heating, and cooling (data from utility bills and meters). Emission Factor Application Emission factors from sources like IPCC, EPA, IEA, and DEFRA. Formula: Emissions = Activity Data × Emission Factor Emissions=Activity Data×Emission Factor Scope 2 Calculation Approaches Location-Based: Uses regional grid emissions. Market-Based: Uses supplier-specific emissions (e.g., renewable energy contracts). Verification Internal checks (cross-checking invoices, meter data). External audits for compliance (e.g., CDP, GHG Protocol). Data Accuracy & Limitations Strengths: Direct fuel and metered electricity data improve accuracy. Challenges: Missing data, estimation errors, and variations in emission factors can impact precision. Using carbon accounting software (e.g., Sphera, EcoAct) and third-party verification improves reliability.

Value Chain Emissions (optional) *

Scope 3 emissions

Supply chain related - upstream emissions

Customer related - downstream emissions

Climate Solutions (optional) *

Management, Strategy and Climate Risk (optional) *

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Reducing Scope 2 emissions while maintaining business growth remains a challenge. As a small diamond trading company, our reliance on office energy use and digital operations makes it difficult to significantly cut indirect emissions without impacting efficiency. While we have taken steps to optimize electricity consumption and explore renewable energy options, balancing sustainability goals with expansion remains complex. Our focus moving forward is on incremental improvements, such as energy-efficient office upgrades and supplier engagement, to minimize our carbon footprint without hindering growth.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Slow societal and economic progress on climate action,Inaccurate or insufficient data

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

A.Gul KG's Climate Report

A.Gul KG's Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
Diamond Wholesaler

1.4 Number of employees in the reporting year

*
17

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2023

2.2 Near-term target

*

30% of absolute scope 2 emission reduction from my base year by 2023

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Scope 1 Emissions Reduction Plans: Transition to Electric Vehicles (EVs): Transition 100% of our fleet to electric vehicles by 2027. This will reduce Scope 1 emissions from our current 12 metric tons to 6 metric tons (a reduction of 50%). We expect to achieve less than 8 metric tons in Scope 1 emissions by the target year. Energy Efficiency in Office: By implementing energy-saving practices (e.g., LED lighting, energy-efficient HVAC, and smart building management), we will reduce Scope 1 emissions from energy consumption by 20%, contributing to our overall goal. Scope 2 Emissions Reduction Plans: 100% Renewable Energy Procurement: We will transition to 100% renewable energy by 2025, which will eliminate location-based Scope 2 emissions (from grid electricity) and reduce market-based emissions to less than 2 metric tons. Energy Efficiency in Operations: We will continue to focus on energy-efficient equipment and behavior within the office to further reduce our total energy consumption and Scope 2 emissions. This is expected to decrease our overall energy demand by 10% by 2030.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
170000 kwh

3.3 Renewable energy

*
50.000 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
8 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
2 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Scope 1 Emissions Reduction Plans: Transition to Electric Vehicles (EVs): Transition 100% of our fleet to electric vehicles by 2027. This will reduce Scope 1 emissions from our current 12 metric tons to 6 metric tons (a reduction of 50%). We expect to achieve less than 8 metric tons in Scope 1 emissions by the target year. Energy Efficiency in Office: By implementing energy-saving practices (e.g., LED lighting, energy-efficient HVAC, and smart building management), we will reduce Scope 1 emissions from energy consumption by 20%, contributing to our overall goal. Scope 2 Emissions Reduction Plans: 100% Renewable Energy Procurement: We will transition to 100% renewable energy by 2025, which will eliminate location-based Scope 2 emissions (from grid electricity) and reduce market-based emissions to less than 2 metric tons. Energy Efficiency in Operations: We will continue to focus on energy-efficient equipment and behavior within the office to further reduce our total energy consumption and Scope 2 emissions. This is expected to decrease our overall energy demand by 10% by 2030.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1 & 2 Emissions Calculation and Data Accuracy Calculation Methodology Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased energy) are calculated using the GHG Protocol and ISO 14064 standards. The process includes: Data Collection Scope 1: Fuel consumption in company vehicles, boilers, and generators (data from fuel records and meters). Scope 2: Purchased electricity, steam, heating, and cooling (data from utility bills and meters). Emission Factor Application Emission factors from sources like IPCC, EPA, IEA, and DEFRA. Formula: Emissions = Activity Data × Emission Factor Emissions=Activity Data×Emission Factor Scope 2 Calculation Approaches Location-Based: Uses regional grid emissions. Market-Based: Uses supplier-specific emissions (e.g., renewable energy contracts). Verification Internal checks (cross-checking invoices, meter data). External audits for compliance (e.g., CDP, GHG Protocol). Data Accuracy & Limitations Strengths: Direct fuel and metered electricity data improve accuracy. Challenges: Missing data, estimation errors, and variations in emission factors can impact precision. Using carbon accounting software (e.g., Sphera, EcoAct) and third-party verification improves reliability.

Value Chain Emissions (optional) *

Scope 3 emissions

Supply chain related - upstream emissions

Customer related - downstream emissions

Climate Solutions (optional) *

Management, Strategy and Climate Risk (optional) *

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Reducing Scope 2 emissions while maintaining business growth remains a challenge. As a small diamond trading company, our reliance on office energy use and digital operations makes it difficult to significantly cut indirect emissions without impacting efficiency. While we have taken steps to optimize electricity consumption and explore renewable energy options, balancing sustainability goals with expansion remains complex. Our focus moving forward is on incremental improvements, such as energy-efficient office upgrades and supplier engagement, to minimize our carbon footprint without hindering growth.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Slow societal and economic progress on climate action,Inaccurate or insufficient data

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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