Metals Exploration plc Sustainability Profile
Metals Exploration plc, a prominent player in the mining industry, is headquartered in Great Britain and primarily operates in the Philippines. Founded in 2004, the company has made significant strides in the exploration and development of mineral resources, particularly gold and silver. Metals Exploration focuses on the development of its flagship project, the Runruno Gold-Molybdenum Project, which is renowned for its high-grade deposits and sustainable mining practices. The company’s commitment to responsible resource extraction sets it apart in a competitive market. With a strong emphasis on environmental stewardship and community engagement, Metals Exploration has established itself as a reputable entity in the mining sector, continually striving for excellence and innovation in its operations.
DitchCarbon Score
How does Metals Exploration plc'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 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.
Industry Benchmark
Metals Exploration plc's score of 36 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metals Exploration plc's reported carbon emissions
In 2024, Metals Exploration plc reported total carbon emissions of approximately 16,983,000 kg CO2e for Scope 1 and about 64,663,000 kg CO2e for Scope 2. This reflects a decrease from 2023, where emissions were approximately 21,429,000 kg CO2e for Scope 1 and about 74,737,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming to become the first carbon-neutral mining operator in the Philippines by 2030, with reduction targets for both Scope 1 and Scope 2 emissions starting from 2023. Metals Exploration plc has not disclosed any Scope 3 emissions data. The company is actively working towards its climate goals, with a focus on reducing its operational greenhouse gas emissions intensity. The latest emissions data and reduction initiatives are documented in their annual report, which outlines their commitment to sustainability and carbon neutrality in the mining sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 21,219,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 70,712,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Metals Exploration plc's Industry?
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Metals Exploration plc'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.
Metals Exploration plc 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.
