Merafe Resources Sustainability Profile
Merafe Resources Limited, headquartered in South Africa (ZA), is a prominent player in the mining and metals industry, primarily focusing on the production of ferrochrome. Founded in 2000, the company has established itself as a key contributor to the global stainless steel market, leveraging its strategic operations in the Bushveld Complex, a rich mineral region. Specialising in the extraction and processing of chrome ore, Merafe Resources stands out for its commitment to sustainable practices and innovation in metallurgical processes. The company operates in partnership with Glencore, enhancing its market position and operational efficiency. With a strong emphasis on environmental responsibility, Merafe Resources has achieved notable milestones, including significant reductions in carbon emissions and energy consumption, solidifying its reputation as a leader in the ferrochrome sector.
DitchCarbon Score
How does Merafe Resources'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
Merafe Resources's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merafe Resources's reported carbon emissions
In 2023, Merafe Resources, headquartered in South Africa (ZA), reported significant carbon emissions totalling approximately 42,014,900 kg CO2e for Scope 1, 1,384,225,000 kg CO2e for Scope 2, and a substantial 58,914,235,000 kg CO2e for Scope 3. The combined total for Scope 1 and Scope 2 emissions reached about 1,804,578,000 kg CO2e. Merafe Resources has set ambitious climate commitments, aiming for a 50% reduction in carbon emissions by 2035. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's dedication to aligning with international climate change scenarios. The renewable energy strategy is a key component of this commitment, which commenced in 2023. The company has demonstrated a proactive approach to managing its carbon footprint, with a focus on long-term sustainability and adherence to industry standards. As of now, there are no reported SBTi (Science Based Targets initiative) targets, but the existing reduction initiatives indicate a strong commitment to achieving net-zero emissions in the future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 |
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Merafe Resources'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.
Merafe Resources 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.
