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 13 is lower than 57% 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 significant carbon emissions, totalling approximately 521,157,010 kg CO2e for Scope 1 and about 3,775,880 kg CO2e for Scope 2. This marks a notable increase in emissions compared to 2021, when the company recorded around 94,551,000 kg CO2e for Scope 1, 4,855,000 kg CO2e for Scope 2, and 3,398,000 kg CO2e for Scope 3. NAC 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 has recognised NAC's targets as "Committed." The company is actively working towards these goals, with a focus on reducing its carbon footprint in the mining sector, specifically in iron, aluminium, and other metals. Overall, Nickel Asia's emissions data reflects its ongoing efforts to address climate change while navigating the challenges inherent in the mining industry.
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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.
