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 55% 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 significant operational scale and highlights the need for robust climate action. In 2022, Codelco disclosed emissions of 2,159,642,000 kg CO2e under Scope 2 and 1,276,714,000 kg CO2e under Scope 3, which includes emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution. Codelco has set ambitious long-term climate commitments, aiming for a 70% reduction in greenhouse gas emissions under both Scope 1 and Scope 2 by 2030, with a baseline starting in 2020. 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 crucial for aligning with global climate goals. The emissions data and reduction targets are sourced from the Corporación Nacional del Cobre de Chile, reflecting Codelco's position as a leading entity in the mining industry. The company's proactive approach to climate commitments underscores its dedication to reducing its environmental impact while maintaining operational efficiency.
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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.
