Codel Sustainability Profile
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 48 is higher than 70% 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 2024, Codelco reported total carbon emissions of approximately 1,791,682 kg CO2e. This figure includes 139,000 kg CO2e from Scope 1 emissions and 1,551,682 kg CO2e from Scope 3 emissions, with no data available for Scope 2 emissions. In 2023, the total emissions were slightly lower at approximately 2,581,836 kg CO2e, again with 139,000 kg CO2e from Scope 1 and 2,341,836 kg CO2e from Scope 3. Codelco has set ambitious climate commitments, aiming for a 70% reduction in greenhouse gas emissions from 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 Scope 1 and Scope 2 emissions. These targets reflect Codelco's proactive approach to addressing climate change and reducing its carbon footprint in the mining industry. The emissions data is sourced directly from Codelco, with no cascaded data from parent organizations.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,604,819,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000 | 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 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Codel's Industry?
How Carbon Intensive is Codel's Location?
Codel's Scope 3 Categories Breakdown
Codel's Scope 3 emissions, which decreased by 34% last year and decreased by approximately 100% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Upstream Transportation & Distribution" being the largest emissions source at 34% of Scope 3 emissions.
Top Scope 3 Categories
Codel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Codel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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