Public Profile

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.

20

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.

20

Industry Benchmark

Codel's score of 20 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Codel's reported carbon emissions

Codelco, headquartered in Chile (CL), reported significant carbon emissions in recent years, with a total of approximately 5,638,697,000 kg CO2e in 2014. This comprised about 1,604,819,000 kg CO2e from Scope 1 emissions and approximately 2,712,672,000 kg CO2e from Scope 2 emissions. In 2015, total emissions slightly decreased to around 5,474,069,000 kg CO2e, with Scope 1 emissions at about 1,586,922,000 kg CO2e and Scope 2 emissions at approximately 2,638,869,000 kg CO2e. In 2016, emissions increased to about 5,861,485,000 kg CO2e, with Scope 1 emissions reaching approximately 1,720,614,000 kg CO2e and Scope 2 emissions at around 2,649,321,000 kg CO2e. The trend continued in 2017, where total emissions were approximately 5,638,823,000 kg CO2e, with Scope 1 at about 1,704,772,000 kg CO2e and Scope 2 at approximately 2,669,079,000 kg CO2e. Despite these figures, Codelco has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context. Codelco's emissions intensity has been reported, indicating a focus on improving efficiency, but further details on specific climate pledges or initiatives are not available.

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2014201520162017
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
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Codel's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Codel is in CL, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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