China Molybdenum

In 2024, China Molybdenum's total reported greenhouse gas emissions were approximately 5.69 billion kg CO2e. This included Scope 1 emissions of about 1.34 billion kg CO2e and Scope 2 emissions of approximately 660 million kg CO2e. Scope 3 emissions were reported as around 3.69 billion kg CO2e, with significant contributions from categories such as use of sold products (approximately 1.8 billion kg CO2e) and purchased goods and services (about 665.2 million kg CO2e).

Looking back, their total emissions have shown a general increase in recent years. In 2023, total emissions were around 1.59 billion kg CO2e, comprising approximately 1.07 billion kg CO2e for Scope 1 and 520 million kg CO2e for Scope 2. In 2022, total emissions stood at about 1.32 billion kg CO2e, with Scope 1 at roughly 760 million kg CO2e and Scope 2 at 560 million kg CO2e. For 2021, the company reported total emissions of around 920 million kg CO2e, with Scope 1 at about 360 million kg CO2e and Scope 2 at 560 million kg CO2e. In 2020, total emissions were approximately 1.03 billion kg CO2e (530 million kg CO2e from Scope 1 and 500 million kg CO2e from Scope 2).

China Molybdenum has set ambitious climate commitments. The company aims to achieve carbon neutrality for both Scope 1 and Scope 2 emissions by 2050. Furthermore, they are committed to delivering a 67% reduction in absolute Scope 1 and Scope 2 emissions by 2045, compared to their 2030 peak levels. This data is directly from China Molybdenum's disclosures.