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 24 is lower than 51% 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 significant carbon emissions, totalling approximately 409,147,000 kg CO2e. This figure comprises about 104,015,000 kg CO2e from Scope 1 emissions and about 305,132,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Comparatively, in 2022, Atlas reported about 100,502,000 kg CO2e in Scope 1 and about 305,413,000 kg CO2e in Scope 2 emissions, alongside approximately 6,510,000 kg CO2e in Scope 3 emissions. This indicates a slight increase in Scope 1 emissions year-on-year, while Scope 2 emissions remained relatively stable. Atlas has set ambitious long-term reduction targets, aiming for a cumulative greenhouse gas reduction of up to 40% by 2040, using 2019 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions and is to be achieved through energy efficiency measures and the adoption of renewable energy sources. The company has not cascaded any emissions data from a parent or related organization, and all reported figures are directly from Atlas Consolidated Mining & Development Corporation. The commitment to reducing emissions aligns with industry standards and reflects a proactive approach to climate change mitigation.
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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.
