Codel
Codel, officially known as Corporación Nacional del Cobre de Chile, is a leading player in the global mining industry, headquartered in Chile (CL). Founded in 1976, Codel has established itself as a major copper producer, with significant operations across various regions in Chile, including the Atacama Desert and the Andes Mountains. The company is renowned for its high-quality copper production and innovative mining techniques, which set it apart in a competitive market. Codel's commitment to sustainability and technological advancement has led to notable achievements, including being one of the largest copper producers worldwide. With a focus on efficiency and environmental responsibility, Codel continues to shape the future of the mining sector while maintaining its position as a key contributor to the Chilean economy.
DitchCarbon Score
How does Codel'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
Codel's score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Codel's reported carbon emissions
In 2023, Codelco reported total carbon emissions of approximately 80,505,000,000 kg CO2e. This figure reflects the company's commitment to transparency in its environmental impact, although specific breakdowns for Scope 1 and Scope 2 emissions were not disclosed for this year. In 2022, Codelco's emissions included 2,159,642,000 kg CO2e from Scope 2 and 1,276,714,000 kg CO2e from Scope 3, with significant contributions from purchased goods and services (790,346,000 kg CO2e) and fuel and energy-related activities (308,292,000 kg CO2e). Codelco has set ambitious long-term reduction targets, aiming for a 70% decrease in greenhouse gas emissions for both Scope 1 and Scope 2 by 2030, starting from 2020 levels. Additionally, the company is committed to achieving carbon neutrality by 2050 for both scopes. These targets are part of Codelco's broader sustainability strategy, which is aligned with industry standards and reflects its dedication to mitigating climate change impacts. The emissions data and reduction initiatives are reported under the oversight of Corporación Nacional del Cobre de Chile, ensuring a cohesive approach to environmental responsibility within the corporate family.
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| 2014 | 2015 | 2016 | 2017 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 1,604,819,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 2 | 2,712,672,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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.
Codel 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.
