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 69% 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, headquartered in China, reported a greenhouse gas emission intensity of approximately 0.02243 CNY per unit of revenue, reflecting their ongoing commitment to monitoring and managing carbon emissions. The company has set ambitious climate commitments, aiming for net-zero emissions in both Scope 1 and Scope 2 by 2030. This initiative aligns with China's national goals for carbon peak and carbon neutrality, which the company actively supports. The emissions data for previous years indicates a gradual increase in emission intensity, with values of about 0.02574 CNY in 2022 and 0.02851 CNY in 2021. While specific absolute emissions figures are not disclosed, the focus on emission intensity suggests a strategic approach to reducing carbon footprints relative to revenue generation. Shandong Gold's near-term targets, established in 2023, reflect a proactive stance towards sustainability, although detailed reduction percentages have not been specified. The company is committed to integrating these climate goals into its operational framework, demonstrating a clear alignment with global climate action initiatives.
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.