Coronado Coal, officially known as Coronado Global Resources, is a leading player in the coal industry, headquartered in the United States. Established in 2018, the company has rapidly positioned itself as a significant supplier of high-quality metallurgical coal, primarily serving the steel production sector. With major operations in the Appalachian region and Australia, Coronado Coal has achieved notable milestones, including strategic acquisitions that have expanded its market reach. The company’s core offerings include premium coking coal, which is distinguished by its low impurities and high carbon content, making it essential for steel manufacturing. Coronado Coal's commitment to sustainability and operational excellence has solidified its reputation in the market, enabling it to maintain a competitive edge in an evolving industry landscape.
How does Coronado Coal'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.
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.
Coronado Coal's score of 25 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coronado Coal reported total emissions of approximately 1.3 billion kg CO2e, comprising about 1.1 billion kg CO2e from Scope 1 and approximately 169 million kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, Coronado Coal's total emissions were approximately 1.0 billion kg CO2e, with Scope 1 emissions at about 861 million kg CO2e and Scope 2 emissions at approximately 175 million kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Coronado Coal's emissions data is cascaded from its parent company, Coronado Coal Corporation, reflecting its status as a current subsidiary. The company has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. Overall, Coronado Coal's emissions profile highlights the challenges faced by the coal industry in addressing climate commitments, particularly in the context of increasing emissions.
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.
Coronado Coal 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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