Atlas Consolidated Mining & Development Corporation
Atlas Consolidated Mining & Development Corporation, commonly referred to as Atlas Mining, is a prominent player in the Philippine mining industry, headquartered in Makati City, Philippines. Founded in 1935, the company has established itself as a leader in copper and gold production, primarily operating in the Toledo City region of Cebu. With a focus on sustainable mining practices, Atlas Mining offers high-quality copper concentrates and gold products, setting itself apart through its commitment to environmental stewardship and community development. The company has achieved significant milestones, including the successful operation of the Atlas Mine, which has contributed to its strong market position. Recognised for its operational excellence, Atlas Mining continues to play a vital role in the Philippines' mining sector, driving economic growth while adhering to industry standards and best practices.
DitchCarbon Score
How does Atlas Consolidated Mining & Development Corporation'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 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.
Industry Benchmark
Atlas Consolidated Mining & Development Corporation's score of 21 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Atlas Consolidated Mining & Development Corporation's reported carbon emissions
In 2023, Atlas Consolidated Mining & Development Corporation, headquartered in the Philippines, reported total carbon emissions of approximately 409,147,000 kg CO2e, comprising 104,015,000 kg CO2e from Scope 1 and 305,132,000 kg CO2e from Scope 2 emissions. This marks a slight increase in Scope 1 emissions from 2022, where they were about 100,502,000 kg CO2e, while Scope 2 emissions remained relatively stable at approximately 305,413,000 kg CO2e. In 2022, the company also reported Scope 3 emissions of about 6,510,000 kg CO2e, indicating a comprehensive approach to emissions reporting across all relevant scopes. The data from previous years shows a significant increase in Scope 3 emissions, which were approximately 3,185,665,000 kg CO2e in 2021, highlighting the need for targeted reduction strategies in this area. Despite the detailed emissions reporting, Atlas Consolidated Mining & Development Corporation has not set specific reduction targets or initiatives as part of their climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests a potential area for improvement in their sustainability strategy. Overall, while the company has made strides in emissions transparency, the lack of defined reduction initiatives and targets may limit its effectiveness in addressing climate change impacts.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 127,088,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 84,392,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 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.
Atlas Consolidated Mining & Development Corporation 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.
