Nickel Asia

Nickel Asia Corporation, headquartered in the Philippines and operating within the basic iron and steel and ferro-alloys sector, has established ambitious climate commitments. For the reporting year 2023, the company reported a Scope 1 emission total of approximately 521,157,010 kg CO2e and Scope 2 emissions of approximately 3,775,880 kg CO2e.

Looking at earlier data, in 2021, Nickel Asia reported Scope 1 emissions of approximately 94,551,000 kg CO2e, Scope 2 emissions of approximately 4,855,000 kg CO2e, and Scope 3 emissions of approximately 3,398,000 kg CO2e. In 2020, Scope 1 emissions were approximately 93,915,000 kg CO2e, Scope 2 emissions were approximately 1,536,000 kg CO2e, and Scope 3 emissions were approximately 2,206,000 kg CO2e. In 2019, Scope 1 emissions stood at approximately 105,882,000 kg CO2e, Scope 2 at approximately 377,000 kg CO2e, and Scope 3 at approximately 8,922,000 kg CO2e.

Nickel Asia Corporation has made significant commitments through the Science Based Targets initiative (SBTi). These include a near-term target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50.4% by 2032, from a 2024 base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions by 37.5% by 2035, also from a 2024 base year. For the long term, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 90.0% by 2050, with a corresponding reduction target of 90.0% for absolute Scope 3 GHG emissions within the same timeframe. Most notably, Nickel Asia Corporation has committed to achieving net-zero GHG emissions across its entire value chain by 2050.