China Molybdenum

China Molybdenum's reported carbon emissions

China Molybdenum (CN) is committed to reducing its environmental impact. In 2024, the company reported Scope 3 emissions from employee commute amounting to approximately 16.1 billion kg CO2e. For the year 2023, China Molybdenum reported total greenhouse gas emissions of approximately 1.59 billion kg CO2e. This comprised Scope 1 emissions of about 1.07 billion kg CO2e and Scope 2 emissions of approximately 520 million kg CO2e. Scope 3 emissions, specifically purchased goods and services, were reported as 55,526 kg CO2e for 2023. In 2022, the company's total emissions were around 1.32 billion kg CO2e, with Scope 1 at approximately 760 million kg CO2e and Scope 2 at about 560 million kg CO2e. Scope 3 purchased goods and services for 2022 were 20,286 kg CO2e. Looking back, China Molybdenum reported total emissions of approximately 920 million kg CO2e in 2021, consisting of Scope 1 at around 360 million kg CO2e and Scope 2 at approximately 560 million kg CO2e. Scope 3 data was not disclosed for this year. In 2020, total Scope 1 and 2 emissions were approximately 1.03 billion kg CO2e (Scope 1: 530 million kg CO2e, Scope 2: 500 million kg CO2e). Emissions for 2019 were reported as approximately 970 million kg CO2e (Scope 1: 480 million kg CO2e, Scope 2: 490 million kg CO2e). In 2018, Scope 1 and 2 emissions totalled about 980 million kg CO2e (Scope 1: 470 million kg CO2e, Scope 2: 510 million kg CO2e). For 2017, Scope 1 and 2 emissions were approximately 990 million kg CO2e (Scope 1: 500 million kg CO2e, Scope 2: 490 million kg CO2e). China Molybdenum has set ambitious climate targets, including achieving carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Furthermore, the company aims to deliver a 67% reduction in absolute emissions by 2045, compared to the 2030 peak. These targets cover Scope 1 and Scope 2 emissions. The company's reporting in this area is sourced from CMOC Group Limited.