Cobalt Blue Holdings Ltd
Cobalt Blue Holdings Ltd, often referred to as Cobalt Blue, is a prominent player in the cobalt mining and processing industry, headquartered in Australia. Established in 2016, the company has rapidly positioned itself as a leader in sustainable cobalt production, primarily focusing on the development of its flagship Thackaringa Cobalt Project in New South Wales. Cobalt Blue is dedicated to providing high-quality cobalt products that cater to the growing demand in the electric vehicle and renewable energy sectors. Their innovative approach to mining and processing sets them apart, emphasising environmental responsibility and efficiency. With a commitment to advancing sustainable practices, Cobalt Blue has achieved significant milestones, including securing key partnerships and advancing towards production readiness, solidifying its market position as a forward-thinking entity in the cobalt supply chain.
DitchCarbon Score
How does Cobalt Blue Holdings Ltd'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
Cobalt Blue Holdings Ltd's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cobalt Blue Holdings Ltd's reported carbon emissions
In 2023, Cobalt Blue Holdings Ltd reported total carbon emissions of approximately 662,000 kg CO2e, comprising 421,000 kg CO2e from Scope 1 emissions and 241,000 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests that while Cobalt Blue Holdings Ltd is aware of its carbon footprint, it may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
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Add to project| 2023 | |
|---|---|
| Scope 1 | 421,000 |
| Scope 2 | 241,000 |
| Scope 3 | - |
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.
Cobalt Blue Holdings Ltd 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.
