Coral Bay Nickel Corporation Sustainability Profile
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 41 is higher than 66% 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, headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Sumitomo Metal Mining Co., Ltd., which may influence its climate commitments and emissions reporting. As of now, Coral Bay Nickel Corporation has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Sumitomo Metal Mining Co., Ltd., any potential climate commitments or emissions data may be cascaded from this parent organization. However, details regarding specific targets or achievements from Sumitomo Metal Mining Co., Ltd. have not been provided in this context. In summary, Coral Bay Nickel Corporation is currently lacking in specific emissions data and formal climate commitments, reflecting a need for further development in its sustainability initiatives.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Coral Bay Nickel Corporation's Industry?
How Carbon Intensive is Coral Bay Nickel Corporation's Location?
Coral Bay Nickel Corporation's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 68% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Coral Bay Nickel Corporation'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.
Coral Bay Nickel Corporation 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.
