Shandong Gold Mining Co., Ltd., commonly referred to as Shandong Gold, is a prominent player in the global mining industry, headquartered in Jinan, Shandong Province, China. Established in 1975, the company has grown to become one of the largest gold producers in China, with significant operations in regions such as Shandong, Xinjiang, and Henan. Specialising in gold exploration, mining, and processing, Shandong Gold is renowned for its commitment to sustainable practices and technological innovation. The company’s core products include high-quality gold bullion and refined gold, setting it apart through its advanced extraction techniques and efficient production methods. With a strong market position, Shandong Gold has achieved notable milestones, including successful acquisitions and expansions that enhance its operational capacity. As a leader in the mining sector, Shandong Gold continues to contribute significantly to the global gold supply chain.
How does Shandong Gold Mining Co'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.
Mean score of companies in the Salt and Mineral Mining 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.
Shandong Gold Mining Co's score of 17 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shandong Gold Mining Co., based in China (CN), reported a greenhouse gas emission intensity of approximately 0.02243 tonnes CO2e per RMB million in revenue. This figure reflects the company's operational impact, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The company has set ambitious climate commitments in response to national initiatives for carbon reduction. Shandong Gold aims to achieve net-zero emissions for both Scope 1 and Scope 2 by 2030, aligning with China's Carbon Peak and Carbon Neutrality goals. These commitments were formalised in 2023, indicating a proactive approach to managing its carbon footprint. The emission intensity has shown a gradual increase over the years, with values of 0.02574 tonnes CO2e in 2022 and 0.02851 tonnes CO2e in 2021. This trend highlights the need for effective strategies to reduce emissions as the company progresses towards its climate targets. Overall, while specific emissions data remains limited, Shandong Gold's commitment to reducing its carbon emissions by 2030 demonstrates a significant step towards sustainability in the mining sector.
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.
Shandong Gold Mining Co is not participating in any 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.