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 54% 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 total carbon emissions of approximately 525,334,890 kg CO2e, comprising about 521,157,010 kg CO2e from Scope 1 and about 3,775,880 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Comparatively, in 2021, NAC's emissions were significantly lower, with total emissions of about 99,000,000 kg CO2e, which included approximately 94,551,000 kg CO2e from Scope 1, 4,855,000 kg CO2e from Scope 2, and about 3,398,000 kg CO2e from Scope 3. This indicates a substantial increase in emissions over the two-year period. Nickel Asia has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The company is currently in the process of developing its long-term reduction strategies, which encompass all scopes of emissions. As of now, NAC's near-term targets are classified as "Committed," reflecting their dedication to addressing climate change. Overall, Nickel Asia's emissions data and climate commitments highlight the company's ongoing efforts to manage its carbon footprint while navigating the challenges of the mining sector in the Philippines.
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| 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 105,882,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 377,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,922,000 | 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.
