New Hope Group
New Hope Group, a prominent Australian company headquartered in Brisbane, has been a key player in the resources and energy sector since its establishment in 1952. With a diverse portfolio that includes coal mining, agriculture, and renewable energy, New Hope Group operates primarily in Queensland and New South Wales, contributing significantly to the local economy. The company is renowned for its high-quality coal production, particularly through its flagship New Acland Mine, which has achieved notable milestones in sustainability and operational efficiency. New Hope Group's commitment to innovation and environmental stewardship sets it apart in the industry, positioning it as a leader in responsible resource management. With a strong market presence and a focus on future growth, New Hope Group continues to shape the landscape of Australia's energy and resources sector.
DitchCarbon Score
How does New Hope Group'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
New Hope Group's score of 17 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Hope Group's reported carbon emissions
In 2023, New Hope Group reported total carbon emissions of approximately 27,406,003,000 kg CO2e, with emissions distributed across various scopes: 595,100,000 kg CO2e (Scope 1), 58,456,000 kg CO2e (Scope 2), and a significant 27,406,003,000 kg CO2e (Scope 3). This marked a notable increase in emissions compared to previous years, particularly in Scope 3 emissions, which encompass the majority of their carbon footprint. In 2022, the company recorded total emissions of about 823,733,000 kg CO2e, with Scope 1 emissions at 753,651,000 kg CO2e and Scope 2 at 70,082,000 kg CO2e. The trend of increasing emissions continued from 2021, where total emissions were approximately 569,223,000 kg CO2e, with Scope 1 at 500,309,000 kg CO2e and Scope 2 at 68,914,000 kg CO2e. Despite these figures, New Hope Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates in a sector that is under increasing scrutiny for its environmental impact, and as such, it may face pressure to develop and disclose more robust climate commitments in the future.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 156,100,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 156,100,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 156,100,000 | 000,000,000 | 000,000,000 | - | - | 00,000,000,000 |
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.
New Hope Group is not committed to any reduction initiatives 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.
