Apex Mining Co. Inc., a prominent player in the Philippine mining industry, is headquartered in the bustling city of Davao. Founded in 1972, the company has established itself as a leader in gold and silver production, primarily operating in the rich mineral regions of Mindanao. Apex Mining is renowned for its commitment to sustainable mining practices and community development, setting it apart in a competitive market. With a focus on high-quality ore extraction and processing, Apex Mining has achieved significant milestones, including the successful expansion of its operations and the implementation of advanced mining technologies. The company’s dedication to environmental stewardship and social responsibility has earned it a strong reputation, positioning it as a trusted name in the mining sector. Apex Mining Co. Inc. continues to thrive, contributing to the growth of the local economy while maintaining its commitment to excellence.
How does Apex Mining Co. Inc'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 Precious Metal 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.
Apex Mining Co. Inc's score of 9 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Apex Mining Co. Inc., headquartered in the Philippines, reported total carbon emissions of approximately 50,242,000 kg CO2e. This figure includes 10,503,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 39,711,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the company. Comparatively, in 2019, the company’s total emissions were about 90,197,000 kg CO2e, with Scope 1 emissions at 11,939,000 kg CO2e and Scope 2 emissions at 78,258,000 kg CO2e. This indicates a significant reduction in total emissions from 2019 to 2020. Despite these reductions, Apex Mining Co. Inc. has not established specific science-based targets for emissions reduction, nor does it have any documented climate pledges or initiatives aimed at further decreasing its carbon footprint. The company has not disclosed any Scope 3 emissions data, which would encompass indirect emissions not included in Scope 2. Overall, while Apex Mining Co. Inc. has made strides in reducing its emissions, the absence of formal reduction targets or climate commitments suggests an opportunity for further engagement in sustainability practices within the mining industry.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | |
---|---|---|
Scope 1 | 11,939,000 | 00,000,000 |
Scope 2 | 78,258,000 | 00,000,000 |
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.
Apex Mining Co. Inc 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.