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Sustainability Q&A: GCSTIMES Climate Targets & Carbon Management
As we continue the Sustainability Q&A series, this section highlights our approach to climate action, including emissions reduction targets, carbon accounting and how we support customers in managing their environmental impact.
Q13: Have you committed to achieving net-zero emissions?
GCSTIMES has made a clear commitment to climate action. We are targeting a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, with the long-term goal of achieving carbon neutrality by 2050. These commitments are aligned with our broader sustainability strategy and are disclosed through publicly available company information, reinforcing our focus on transparency and accountability.
Q14: Do you report Scope 1, Scope 2 and Scope 3 emissions?
To support these targets, we have established a comprehensive carbon accounting system. The company has completed an organizational greenhouse gas inventory covering Scope 1, Scope 2 and Scope 3 emissions. This inventory has been independently verified by a third party in accordance with ISO 14064 standards, ensuring accuracy and credibility. A summary report, including organizational boundaries and any applicable exclusions, can be provided upon request.
Q15: Can you allocate product-related carbon emissions to customers?
In addition to managing our own emissions, we also support our customers in their decarbonisation efforts. Through product carbon footprint assessments based on cradle-to-gate system boundaries, we are able to allocate product-related emissions and provide relevant data to customers, including hotels and resorts. We further offer low-carbon solutions to help customers manage and report their Scope 3 emissions more effectively.
Together, these efforts demonstrate our commitment to measurable climate action, transparent reporting and enabling a low-carbon value chain.
In the coming updates, we will continue to share more details about our sustainable initiatives and progress as we work toward building a more sustainable and responsible future. To learn more, please visit the Sustainability section on our official website: www.gcstimes.com/sustainability
ABOUT GCSTIMES
Since 2011, GCSTIMES has pioneered sustainable development, evolving from smart card R&D to sustainable material innovation. Today, we stand as a global platform for sustainable solutions. Sustainability is our foundation. Through technological innovation and creative solutions, GCSTIMES delivers diverse services and tangible products, positioning ourselves as both manufacturers and innovators.
Brand Portfolio: GCS, AUROkeys, Xenyra, and Glint Spot, offering sustainable smart cards, creative (custom-shaped) key cards sustainable supplies, cultural gifts, and bespoke design and related services.