Lingbao Gold Sustainability Profile
Lingbao Gold Company Limited, commonly referred to as Lingbao Gold, is a prominent player in the gold mining industry, headquartered in Lingbao City, China (CN). Established in 2002, the company has rapidly expanded its operations across major regions in China, focusing on gold exploration, mining, and refining. Lingbao Gold is renowned for its commitment to sustainable practices and innovative extraction techniques, which set it apart in a competitive market. The company’s core offerings include high-quality gold products and refined gold bullion, catering to both domestic and international markets. With a strong market position, Lingbao Gold has achieved significant milestones, including notable production increases and strategic partnerships that enhance its operational efficiency. As a leader in the gold sector, Lingbao Gold continues to drive advancements in mining technology while maintaining a focus on environmental responsibility.
DitchCarbon Score
How does Lingbao Gold'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 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.
Industry Benchmark
Lingbao Gold's score of 16 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lingbao Gold's reported carbon emissions
In 2023, Lingbao Gold, headquartered in China (CN), reported total carbon emissions of approximately 124,739,680 kg CO2e. This figure includes about 9,111,350 kg CO2e from Scope 1 emissions and about 115,628,330 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, Lingbao Gold's total emissions were about 124,761,940 kg CO2e, with Scope 1 emissions at approximately 11,263,330 kg CO2e and Scope 2 emissions at around 113,498,610 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, Lingbao Gold has not set specific reduction targets or made significant climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is sourced directly from Lingbao Gold Group Company Ltd., with no cascading from a parent or related organization. Overall, while Lingbao Gold has made strides in tracking its emissions, the lack of formal reduction targets highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 14,649,280 | 00,000,000 |
| Scope 2 | 105,425,580 | 000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Lingbao Gold's Industry?
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Lingbao Gold'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.
Lingbao Gold 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.
