Molymet
Molymet, officially known as Molibdenos y Metales S.A., is a leading player in the global molybdenum industry, headquartered in Chile (CL). Founded in 1966, the company has established itself as a key supplier of molybdenum and its derivatives, serving various sectors including mining, metallurgy, and chemical industries. With operations spanning across South America, North America, and Europe, Molymet is renowned for its high-quality products such as molybdenum concentrates, oxides, and metal powders. The company’s commitment to innovation and sustainability has positioned it as a market leader, achieving significant milestones in production efficiency and environmental stewardship. Molymet's unique offerings and strategic partnerships have solidified its reputation, making it a trusted name in the molybdenum supply chain.
DitchCarbon Score
How does Molymet'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
Molymet's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Molymet's reported carbon emissions
In 2023, Molymet reported total greenhouse gas emissions of approximately 283,190 kg CO2e. This includes Scope 1 emissions of about 31,463 kg CO2e, Scope 2 emissions of approximately 9,255 kg CO2e, and significant Scope 3 emissions totalling around 253,472 kg CO2e. The Scope 3 emissions breakdown reveals contributions from business travel (1,152 kg CO2e), employee commute (1,918 kg CO2e), purchased goods and services (209,974 kg CO2e), waste generated in operations (1,803 kg CO2e), and upstream transportation and distribution (33,217 kg CO2e). Molymet has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 20% for both Scope 1 and Scope 2 by 2030, using 2020 as the baseline year. This commitment reflects a proactive approach to managing its carbon footprint and aligns with industry standards for sustainability. The company is currently on track to meet these near-term reduction targets, demonstrating a commitment to environmental responsibility and climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 34,826,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
| Scope 2 | 37,982,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 000,000 |
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.
Molymet is participating in some 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.
