Hinatuan Mining Corporation Sustainability Profile
Hinatuan Mining Corporation, often referred to as HMC, is a prominent player in the Philippine mining industry, headquartered in the Philippines. Established in 1992, the company has made significant strides in the extraction and production of nickel ore, primarily operating in the Surigao del Norte region. HMC is renowned for its commitment to sustainable mining practices, ensuring minimal environmental impact while delivering high-quality nickel products. The company has achieved notable milestones, including compliance with international environmental standards, which solidifies its market position as a responsible mining entity. With a focus on innovation and community engagement, Hinatuan Mining Corporation continues to lead in the mining sector, contributing to the local economy and setting benchmarks for operational excellence.
DitchCarbon Score
How does Hinatuan Mining 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 Iron and Steel Production 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
Hinatuan Mining Corporation's score of 16 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hinatuan Mining Corporation, headquartered in the Philippines, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Nickel Asia Corporation, which may influence its climate commitments and performance metrics. As part of its corporate family relationship, Hinatuan Mining Corporation inherits climate initiatives and targets from Nickel Asia Corporation. However, there are no documented reduction targets or specific climate pledges available for Hinatuan Mining Corporation at this time. The absence of emissions data and reduction initiatives suggests that Hinatuan Mining Corporation may still be in the process of establishing its own climate strategy or may rely on the broader commitments of its parent company. As the mining industry increasingly focuses on sustainability, it is essential for Hinatuan Mining Corporation to develop and communicate its climate commitments to align with industry standards and stakeholder expectations.
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| 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 105,882,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 377,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,922,000 | 0,000,000 | 0,000,000 | - |
How Carbon Intensive is Hinatuan Mining Corporation's Industry?
How Carbon Intensive is Hinatuan Mining Corporation's Location?
Hinatuan Mining 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.
Hinatuan Mining 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.
