Merafe Resources
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 21 is lower than 56% 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 total carbon emissions of approximately 7,743,301,000 kg CO2e. This figure includes about 3,239,639,000 kg CO2e from Scope 1 emissions and about 4,503,662,000 kg CO2e from Scope 2 emissions. The company has shown a significant reduction in emissions compared to 2022, where total emissions were about 10,013,832,000 kg CO2e, with Scope 1 at approximately 3,999,688,000 kg CO2e and Scope 2 at around 6,014,144,000 kg CO2e. Merafe Resources has not disclosed any Scope 3 emissions data, and there are currently no specific reduction targets or climate pledges outlined in their reports. The company has been actively involved in the iron and steel industry, with emissions per tonne of ferrochrome produced reported at about 5,680 kg CO2e in 2023 and approximately 5,300 kg CO2e in 2022. Overall, while Merafe Resources has made strides in reducing its carbon footprint, further commitments and targets would enhance its climate strategy and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,897,851,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,136,205,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| 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.
Merafe Resources 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.
