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 41 is higher than 67% 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 2024, Molymet reported total greenhouse gas emissions of approximately 256,662,000 kg CO2e, comprising about 30,887,000 kg CO2e from Scope 1 and about 7,527,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2023, when total emissions were about 294,191,000 kg CO2e, with Scope 1 emissions at approximately 31,463,000 kg CO2e and Scope 2 emissions at about 9,255,000 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 target reflects the company's commitment to applying carbon footprint measurement methods to track progress effectively. The emissions data is sourced from Molibdenos y Metales S.A., the parent company, and is not cascaded from any other corporate family relationships. As of now, there are no reported Scope 3 emissions or specific targets under the Science Based Targets initiative (SBTi). Overall, Molymet's ongoing efforts to monitor and reduce its carbon footprint demonstrate a proactive approach to addressing climate change and enhancing sustainability within its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 25,703,000 | 00,000,000 | 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 | 0,000,000 |
| 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.
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.
