Nickel Asia
Nickel Asia Corporation, commonly referred to as Nickel Asia, is a leading player in the mining industry based in the Philippines. Established in 1975, the company has its headquarters in Makati City and operates primarily in key regions such as Surigao del Norte and Palawan. Nickel Asia focuses on the exploration, extraction, and export of nickel ore, catering to the growing demand for this essential metal in various industries. With a commitment to sustainable practices, Nickel Asia has achieved significant milestones, including becoming the largest producer of nickel ore in the Philippines. The company’s core products, including low-grade and high-grade nickel ores, are distinguished by their quality and reliability. Nickel Asia's strong market position is underscored by its notable achievements in environmental stewardship and community engagement, solidifying its reputation as a responsible mining entity in the region.
DitchCarbon Score
How does Nickel Asia's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nickel Asia's score of 16 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nickel Asia's reported carbon emissions
In 2023, Nickel Asia Corporation (NAC) reported significant carbon emissions, with Scope 1 emissions reaching approximately 521,157,010 kg CO2e and Scope 2 emissions at about 3,775,880 kg CO2e. This marked a notable increase in Scope 1 emissions compared to previous years, where in 2021, Scope 1 emissions were approximately 94,551,000 kg CO2e, and in 2020, they were about 93,915,000 kg CO2e. NAC has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores the company's dedication to reducing its carbon footprint in the mining sector. The company is currently in the process of implementing strategies to meet these targets, although specific near-term reduction targets have not been disclosed. Overall, Nickel Asia's emissions data reflects the challenges faced in the mining industry, particularly in balancing operational demands with environmental responsibilities. The company's commitment to net-zero emissions demonstrates a proactive approach to addressing climate change and reducing its overall environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 114,746,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nickel Asia is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
