Public Profile

Nickel Asia

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.

19

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.

1

Industry Benchmark

Nickel Asia's score of 19 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Nickel Asia's reported carbon emissions

In 2023, Nickel Asia Corporation (NAC) reported significant carbon emissions, with Scope 1 emissions reaching approximately 521,157,010 kg CO2e and Scope 2 emissions at about 3,775,880 kg CO2e. This marked a notable increase in Scope 1 emissions compared to previous years, where in 2021, Scope 1 emissions were approximately 94,551,000 kg CO2e. The company has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, reflecting NAC's dedication to addressing climate change and reducing its carbon footprint. Nickel Asia's emissions data indicates a trend of fluctuating emissions over the years, with Scope 1 emissions decreasing from about 114,746,000 kg CO2e in 2018 to approximately 93,915,000 kg CO2e in 2020, before rising again in 2023. The company is actively working towards its climate commitments, although specific near-term reduction targets have not been disclosed. Overall, Nickel Asia's climate strategy demonstrates a proactive approach to sustainability within the mining sector, particularly in the Philippines, as it seeks to balance operational demands with environmental responsibilities.

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20182019202020212023
Scope 1
114,746,000
000,000,000
00,000,000
00,000,000
000,000,000
Scope 2
-
000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
0,000,000
0,000,000
0,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nickel Asia's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Nickel Asia is headquartered in PH, which has a rank of high, indicating high grid carbon 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.

Nickel Asia is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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