Atlas Consolidated Mining & Development Corporation Sustainability Profile
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 24 is lower than 55% 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 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, which were 100,502,000 kg CO2e, while Scope 2 emissions decreased marginally from 305,413,000 kg CO2e. In 2022, the company also reported Scope 3 emissions of 6,510,000 kg CO2e, indicating a comprehensive approach to emissions reporting across all three scopes. The total emissions for 2021 were significantly higher, with Scope 1 at 84,872,000 kg CO2e, Scope 2 at 295,798,000 kg CO2e, and Scope 3 at a substantial 3,185,665,000 kg CO2e. Despite these figures, Atlas Consolidated Mining has not set specific reduction targets or initiatives as part of their climate commitments, nor have they disclosed any Science-Based Targets Initiative (SBTi) targets. The absence of defined reduction strategies suggests a need for further development in their climate action plans. Overall, while Atlas Consolidated Mining & Development Corporation has made strides in emissions reporting, the lack of reduction targets highlights an area for potential improvement in their sustainability efforts.
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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 | - |
How Carbon Intensive is Atlas Consolidated Mining & Development Corporation's Industry?
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Atlas Consolidated Mining & Development Corporation'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.
Atlas Consolidated Mining & Development Corporation 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.
