IRC Limited, also known as IRC Group, is a prominent player in the mining and resource sector, headquartered in Hong Kong. Established in 2003, the company has made significant strides in the exploration and production of iron ore, primarily operating in the Asia-Pacific region, with a focus on Mongolia and Russia. IRC Limited is renowned for its commitment to sustainable mining practices and innovative extraction techniques, which set it apart in a competitive industry. The company’s core offerings include iron ore concentrate and other mineral resources, catering to the growing demand in global markets. With a strong emphasis on operational efficiency and environmental responsibility, IRC Limited has positioned itself as a leader in the mining sector, achieving notable milestones in production and resource development.
How does IRC Limited'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 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.
IRC Limited's score of 15 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IRC Limited reported total carbon emissions of approximately 54,280 kg CO2e, comprising 12,680 kg CO2e from Scope 1, 14,500 kg CO2e from Scope 2, and 28,100 kg CO2e from Scope 3 emissions related to purchased goods and services. This represents a slight decrease in total emissions compared to 2022, where emissions were about 55,290 kg CO2e, with 13,960 kg CO2e from Scope 1, 13,620 kg CO2e from Scope 2, and 26,510 kg CO2e from Scope 3. Despite these figures, IRC Limited has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company is committed to addressing climate change but lacks formal commitments such as Science Based Targets Initiative (SBTi) targets or documented reduction initiatives. As a result, their climate strategy remains somewhat undefined within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 13,960 | 00,000 |
Scope 2 | 13,620 | 00,000 |
Scope 3 | 26,510 | 00,000 |
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.
IRC Limited is not committed to any reduction initiatives 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.