China Molybdenum
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.
DitchCarbon Score
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.
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
China Molybdenum's score of 31 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Molybdenum's reported carbon emissions
In 2023, China Molybdenum reported total carbon emissions of approximately 1,590,000,000 kg CO2e, comprising 1,070,000,000 kg CO2e from Scope 1 and 520,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for a 67% reduction in absolute emissions by 2045 compared to a projected peak in 2030. Additionally, China Molybdenum is targeting carbon neutrality for both Scope 1 and Scope 2 emissions by 2050. For 2024, the company disclosed significant Scope 3 emissions, specifically from employee commuting, amounting to approximately 16,137,958,000 kg CO2e. This highlights the importance of addressing indirect emissions in their overall climate strategy. The emissions data is sourced from CMOC Group Limited, reflecting the company's commitment to transparency and accountability in its climate initiatives. As part of its long-term strategy, China Molybdenum is on track to meet its reduction targets, although it faces challenges in the short term.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - | - | 00,000,000,000 |
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.
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.
