Apex Mining Co. Inc Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Apex Mining Co. Inc's score of 7 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Apex Mining Co. Inc's reported carbon emissions
In 2020, Apex Mining Co. Inc., headquartered in the Philippines, reported total carbon emissions of approximately 50,242,000 kg CO2e. This figure includes Scope 1 emissions of about 10,503,000 kg CO2e and Scope 2 emissions of approximately 39,711,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Comparing this to the previous year, 2019, Apex Mining's emissions were higher, with total emissions of about 61,349,000 kg CO2e, comprising approximately 11,939,000 kg CO2e in Scope 1 and around 78,258,000 kg CO2e in Scope 2. This indicates a significant reduction in total emissions from 2019 to 2020. Despite these figures, Apex Mining Co. Inc. has not set any specific reduction targets or climate pledges, nor have they cascaded any targets from parent or related organisations. The absence of formal commitments highlights a potential area for improvement in their climate strategy.
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| 2020 | |
|---|---|
| Scope 1 | 10,503,000 |
| Scope 2 | 39,711,000 |
| Scope 3 | - |
How Carbon Intensive is Apex Mining Co. Inc's Industry?
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Apex Mining Co. Inc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Apex Mining Co. Inc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
