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 23 is higher than 71% 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 and about 520,000,000 kg CO2e from Scope 2 emissions. This marked an increase from the previous year, where total emissions were approximately 1,320,000,000 kg CO2e. Over the years, China Molybdenum has shown fluctuations in its emissions. In 2022, the company emitted about 1,320,000,000 kg CO2e, with Scope 1 emissions at approximately 760,000,000 kg CO2e and Scope 2 emissions at about 560,000,000 kg CO2e. In 2021, total emissions were around 920,000,000 kg CO2e, with Scope 1 at about 360,000,000 kg CO2e and Scope 2 at approximately 560,000,000 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from China Molybdenum. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As a major player in the mining industry, the company operates within a context where increasing scrutiny on carbon emissions and sustainability practices is prevalent.
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 committed to any reduction initiatives 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.