China Molybdenum Co., Ltd. (commonly referred to as CMOC) is a leading player in the chemical and fertilizer minerals sector, headquartered in China. Established in 2001, the company has rapidly expanded its operations across key regions, including Africa and South America, solidifying its position in the global mining and quarrying industry.
CMOC primarily focuses on the extraction and processing of molybdenum, tungsten, and copper, offering unique products that cater to various industrial applications. The company is renowned for its commitment to sustainable mining practices and innovation, which have contributed to its notable achievements in the market. With a strong emphasis on quality and efficiency, China Molybdenum continues to enhance its reputation as a trusted supplier in the mining sector.
+4 vs industry average
China Molybdenum’s score of 23 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
China Molybdenum's reported carbon emissions
China Molybdenum (CN), operating within the chemical and fertilizer minerals, salt and other mining and quarrying products sector, reported total greenhouse gas (GHG) emissions for 2023 of approximately 1.59 billion kg CO2e. This figure comprises 1.07 billion kg CO2e from Scope 1 and 520 million kg CO2e from Scope 2 emissions. In 2022, the company's total GHG emissions were approximately 1.32 billion kg CO2e, with Scope 1 emissions totalling about 760 million kg CO2e and Scope 2 emissions at approximately 560 million kg CO2e. For 2021, Scope 1 and 2 emissions combined were approximately 920 million kg CO2e. In 2024, Scope 3 emissions related to employee commute were reported at approximately 16.14 billion kg CO2e.
China Molybdenum has set ambitious climate targets, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company intends to achieve a 67% reduction in absolute emissions by 2045, measured against a 2030 peak, for both Scope 1 and Scope 2 emissions. These targets are sourced from their sustainability reporting.
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China Molybdenum’s Climate Goals (2030 & 2050)
4 goals2050
Achieve carbon neutrality by 2050
Achieve carbon neutrality by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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China Molybdenum
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