Nickel Asia Sustainability Profile
Nickel Asia Corporation, commonly referred to as Nickel Asia, is a leading player in the mining industry based in the Philippines. Established in 1975, the company has its headquarters in Makati City and operates primarily in key regions such as Surigao del Norte and Palawan. Nickel Asia focuses on the exploration, extraction, and export of nickel ore, catering to the growing demand for this essential metal in various industries. With a commitment to sustainable practices, Nickel Asia has achieved significant milestones, including becoming the largest producer of nickel ore in the Philippines. The company’s core products, including low-grade and high-grade nickel ores, are distinguished by their quality and reliability. Nickel Asia's strong market position is underscored by its notable achievements in environmental stewardship and community engagement, solidifying its reputation as a responsible mining entity in the region.
DitchCarbon Score
How does Nickel Asia'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 Iron and Steel Production 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
Nickel Asia's score of 19 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nickel Asia's reported carbon emissions
In 2023, Nickel Asia Corporation (NAC) reported total carbon emissions of approximately 524.9 million kg CO2e. This figure comprises 521.2 million kg CO2e from Scope 1 emissions and about 3.8 million kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions for this year. Comparatively, in 2021, NAC's total emissions were approximately 102.8 million kg CO2e, with Scope 1 emissions at about 94.6 million kg CO2e, Scope 2 at approximately 4.9 million kg CO2e, and Scope 3 at about 3.4 million kg CO2e. This indicates a significant increase in emissions from 2021 to 2023. Nickel Asia has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which NAC has officially joined. The company is currently in the process of establishing specific reduction targets, with a commitment status marked as "Committed" for its near-term and net-zero goals. NAC's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from its own operations. The company operates within the mining sector, specifically focusing on iron, aluminium, and other metals, and is headquartered in the Philippines.
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| 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 105,882,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 377,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,922,000 | 0,000,000 | 0,000,000 | - |
How Carbon Intensive is Nickel Asia's Industry?
How Carbon Intensive is Nickel Asia's Location?
Nickel Asia'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.
Nickel Asia has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Nickel Asia's sustainability data and climate commitments
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