Global Ferronickel Holdings, Inc.
Global Ferronickel Holdings, Inc. (GFNI), headquartered in the Philippines, is a leading player in the mining industry, specialising in the extraction and export of nickel ore. Founded in 2011, the company has rapidly established itself as a significant contributor to the global nickel market, particularly in Asia, where it operates key mining sites. GFNI's core offerings include high-grade nickel laterite ore, which is essential for the production of stainless steel and batteries. The company is recognised for its commitment to sustainable mining practices and efficient operations, setting it apart in a competitive landscape. With a strong market position, Global Ferronickel Holdings has achieved notable milestones, including significant export volumes and strategic partnerships, reinforcing its reputation as a reliable supplier in the industry.
DitchCarbon Score
How does Global Ferronickel Holdings, Inc.'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 Lead, Zinc, and Tin Processing 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
Global Ferronickel Holdings, Inc.'s score of 11 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Global Ferronickel Holdings, Inc.'s reported carbon emissions
In 2023, Global Ferronickel Holdings, Inc. reported total carbon emissions of approximately 28,418,000 kg CO2e for Scope 1 and about 1,143,000 kg CO2e for Scope 2 on a global scale. In the Philippines, the company’s emissions were approximately 25,498,900 kg CO2e for Scope 1 and around 858,630 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions compared to 2022, where global emissions were about 27,250,000 kg CO2e for Scope 1 and 668,000 kg CO2e for Scope 2. Despite these figures, Global Ferronickel Holdings has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The company does not disclose any Scope 3 emissions, which typically encompass indirect emissions in the value chain. The emissions data is not cascaded from any parent organisation, and all reported figures are directly sourced from Global Ferronickel Holdings, Inc. As the mining industry faces increasing scrutiny regarding environmental impact, the company’s future climate strategies will be crucial in aligning with global sustainability goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 27,250,000 | 00,000,000 |
| Scope 2 | 668,000 | 0,000,000 |
| Scope 3 | - | - |
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.
Global Ferronickel Holdings, Inc. 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.
