In recognition of the commercial and societal importance of sustainability and Environmental, Social and Governance (“ESG”), Getech’s focus is to both help our customers deliver their ESG commitments and to define and live by our own ESG principles. Our focus on planet and people ensures that we continuously strive for a sustainable future and create value for our stakeholders.
Building on our pledge to become carbon neutral by 2030, Getech has made progress in reducing scope 1 and 2 emissions:
In line with our mission to unlock the world’s subsurface geoenergy potential and locate essential energy and mineral resources needed for decarbonisation, we expanded our product portfolio by introducing innovative solutions that contribute to a greener and more sustainable future.
These deposits account only for 20% of the world’s total copper production today and offer several advantages compared to non-sedimentary deposits such as porphyry deposits found in igneous settings, including:
Another critical aspect of sedimentary hosted copper deposits is their significant cobalt content. Approximately 80% of the world’s cobalt, a key component in batteries, comes from these deposits. This positions Getech at the forefront of supporting the growing demand for essential minerals in the clean energy and electric vehicle industries.
By tapping into this vast resource, we can significantly reduce our reliance on fossil fuels and contribute to global efforts in mitigating climate change. Our advanced geothermal screening technology enables the efficient evaluation of subsurface conditions, allowing us to pinpoint areas with high potential for geothermal development. Furthermore, our expertise allows us to tailor our screening approach to the specific requirements of different geothermal technologies, such as closed-loop and open-loop systems. Closed-loop systems involve circulating a heat transfer fluid through a sealed underground network of pipes, while open-loop systems extract geothermal fluid directly from the ground, utilising its heat before returning it to the subsurface.
By identifying optimal locations for these various technologies, we can minimise exploration risks and reduce the overall costs associated with geothermal projects, making them more accessible and attractive to investors and energy producers. Our tailored approach also ensures that the most suitable and efficient geothermal technology is employed for each specific site, maximising the potential benefits and minimising the environmental impact.
Our expertise in geothermal screening not only benefits our customers by providing them with valuable insights into promising geothermal resources and tailored solutions, but also makes this energy source more affordable and competitive when compared to fossil fuels.
To support this transition, we offer tailored decarbonisation solutions that help our customers replace high-emission energy sources with sustainable, low-carbon alternatives, such as geothermal, green hydrogen, carbon capture and storage (CCS), wind and solar energy.
Our comprehensive approach to decarbonisation involves global screening of manufacturing sites and logistics operations, combined with location-specific feasibility studies. With our expertise in geospatial optimisation and advanced analytics, we can determine the most efficient and cost-effective strategies to lower emissions across various assets and operations.
By providing industries with customised, data-driven insights, we enable them to make informed decisions about their energy mix and emission reduction initiatives. This empowers companies to not only meet their sustainability goals but also improve their overall environmental performance and long-term competitiveness in a rapidly changing global landscape.
CCS involves the capture of CO2 generated by industrial activities, power generation, and other sources, followed by the transportation and secure storage of the CO2 in underground geological formations, thus preventing its release into the atmosphere.
Getech is at the forefront of this critical initiative – identifying potential storage sites, modeling subsurface structures and monitoring operations. The selection of an appropriate site is of utmost importance, with three primary factors to consider: storage capacity, injectivity and containment. Identifying the ideal geological formation entails finding rocks with ample storage potential, characterised by high porosity and permeability, an effective caprock and a stable environment to ensure long-term secure storage of CO2. Through this rigorous screening process, we can confidently ensure that captured CO2 remains contained within designated geological formations, minimising the risk of leakage and maximising the overall effectiveness of CCS solutions.
Moreover, our dedication to collaboration enables us to forge partnerships with a diverse range of stakeholders – such as government authorities, industry leaders and research institutions – in order to advance CCS technology and promote its global adoption. By joining forces, we can expedite the transition towards a sustainable, low-carbon economy.
