China Molybdenum Co., Ltd. (commonly referred to as CMOC) is a leading global player in the mining and metallurgy industry, headquartered in China (CN). Established in 2000, the company has rapidly expanded its operations, with significant mining activities in regions such as Africa and South America, focusing primarily on molybdenum, tungsten, and copper production. CMOC is renowned for its high-quality core products, including molybdenum and tungsten concentrates, which are essential in various industrial applications. The company’s commitment to sustainable practices and innovation has positioned it as a key competitor in the global market. Notable achievements include its strategic acquisitions and partnerships that have bolstered its market presence, making CMOC a prominent name in the mining sector.
How does China Molybdenum'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 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.
China Molybdenum's score of 25 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Molybdenum reported total carbon emissions of approximately 1,590,000,000 kg CO2e, comprising about 1,070,000,000 kg CO2e from Scope 1 emissions and about 520,000,000 kg CO2e from Scope 2 emissions. This marked an increase from 2022, where total emissions were about 1,320,000,000 kg CO2e, with Scope 1 at approximately 760,000,000 kg CO2e and Scope 2 at about 560,000,000 kg CO2e. Over the years, emissions have fluctuated, with 2020 seeing total emissions of about 1,030,000,000 kg CO2e and 2021 at approximately 920,000,000 kg CO2e. The company has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Despite the significant emissions figures, China Molybdenum has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their climate strategy. The company operates within the mining and metals industry, which is under increasing pressure to enhance sustainability practices and reduce greenhouse gas emissions.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 500,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Scope 2 | 490,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
China Molybdenum 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.