China Molybdenum Co., Ltd. (commonly referred to as CMOC) is a leading global player in the mining and metallurgy industry, headquartered in China (CN). Established in 2000, the company has rapidly expanded its operations, with significant mining activities in regions such as Africa and South America, focusing primarily on molybdenum, tungsten, and copper production. CMOC is renowned for its high-quality core products, including molybdenum and tungsten concentrates, which are essential in various industrial applications. The company’s commitment to sustainable practices and innovation has positioned it as a key competitor in the global market. Notable achievements include its strategic acquisitions and partnerships that have bolstered its market presence, making CMOC a prominent name in the mining sector.
How does China Molybdenum'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.
China Molybdenum's score of 18 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Molybdenum reported total carbon emissions of approximately 1,590,000,000 kg CO2e, with Scope 1 emissions accounting for about 1,070,000,000 kg CO2e and Scope 2 emissions at approximately 520,000,000 kg CO2e. This marked an increase from 2022, where total emissions were about 1,320,000,000 kg CO2e. Over the years, the company has shown fluctuations in its emissions, with total emissions recorded at approximately 1,030,000,000 kg CO2e in 2020 and 920,000,000 kg CO2e in 2021. The emissions data indicates a trend of increasing emissions in recent years, despite the company's significant revenue growth, which reached approximately 26,268,734,878 USD in 2023. China Molybdenum has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Overall, while China Molybdenum's emissions have increased, the lack of defined climate commitments raises questions about its long-term sustainability strategy in the context of global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 500,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Scope 2 | 490,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - |
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.
China Molybdenum is not committed to any reduction initiatives 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.