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.
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.
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.
Molymet's score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Molymet reported total greenhouse gas emissions of approximately 31463000 kg CO2e for Scope 1, 9255000 kg CO2e for Scope 2, and a significant 253472000 kg CO2e for Scope 3 emissions. This data highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses indirect emissions from the supply chain and product use. Molymet has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 20% across Scope 1 and Scope 2 by 2030, using 2020 as the baseline year. This target reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Molymet independently reports its emissions and climate initiatives. The company is committed to transparency and accountability in its environmental performance, as evidenced by its detailed disclosures in sustainability reports.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 25,703,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 25,973,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.