Coral Bay Nickel Corporation
Coral Bay Nickel Corporation (CBNC), a prominent player in the nickel mining industry, is headquartered in the Philippines. Established in 2002, the company has made significant strides in the extraction and processing of nickel, primarily operating in the Palawan region. CBNC is renowned for its innovative hydrometallurgical processing techniques, which set it apart in the market. The corporation focuses on producing high-quality nickel products, catering to both domestic and international markets. With a commitment to sustainable practices, CBNC has achieved notable milestones, including becoming one of the first companies in the Philippines to implement environmentally responsible mining operations. As a leader in the nickel sector, Coral Bay Nickel Corporation continues to enhance its market position through strategic partnerships and a dedication to excellence in service and product quality.
DitchCarbon Score
How does Coral Bay Nickel Corporation'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 Other Non-Ferrous Metal Products 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
Coral Bay Nickel Corporation's score of 7 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coral Bay Nickel Corporation's reported carbon emissions
As of the latest available data from 2017, Coral Bay Nickel Corporation reported significant carbon emissions, totalling approximately 2,743,000,000 kg CO2e. This figure includes emissions from all three scopes: - **Scope 1**: About 1,858,000,000 kg CO2e - **Scope 2**: Approximately 962,000,000 kg CO2e - **Scope 3**: Roughly 859,000,000 kg CO2e, with a notable contribution of about 1,200,000,000 kg CO2e from purchased goods and services. Despite these substantial emissions, there are currently no publicly disclosed reduction targets or climate pledges from Coral Bay Nickel Corporation. The absence of specific initiatives or commitments suggests a need for further action in addressing climate change and reducing their carbon footprint. The company operates within an industry context that increasingly prioritises sustainability and emissions reduction, highlighting the importance of establishing clear climate commitments moving forward.
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| 2015 | 2016 | 2017 | |
|---|---|---|---|
| Scope 1 | 1,858,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 962,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 859,000,000 | 000,000,000 | 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.
Coral Bay Nickel Corporation 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.
