NiCo Resources Limited, headquartered in Australia, is a prominent player in the mining and resource sector, specialising in the exploration and development of nickel and cobalt projects. Founded in 2017, the company has quickly established itself with significant operations in key regions known for their rich mineral deposits. The firm focuses on producing high-quality nickel and cobalt, essential components in the battery manufacturing industry, particularly for electric vehicles. NiCo Resources is distinguished by its commitment to sustainable practices and innovative extraction techniques, which enhance both efficiency and environmental responsibility. With a strong market position, NiCo Resources Limited has achieved notable milestones, including successful exploration initiatives and strategic partnerships that bolster its growth trajectory. As the demand for battery metals continues to rise, NiCo Resources is well-positioned to contribute to the evolving landscape of renewable energy solutions.
How does NiCo Resources Limited'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.
Mean score of companies in the Research Services 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.
NiCo Resources Limited's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NiCo Resources Limited reported a significant carbon emissions intensity of approximately 18,000 kg CO2e per tonne of nickel metal produced. This figure reflects the company's environmental impact during its operations, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2021, the company reported a greenhouse gas (GHG) emissions intensity of about 12,000 kg CO2e per tonne for steel and 120 kg CO2e per tonne for ores, slag, and ash during normal operations. However, there are no specific reduction targets or climate pledges outlined in their sustainability initiatives. NiCo Resources Limited does not inherit emissions data from any parent or related organizations, indicating that their reported figures are solely based on their own operational metrics. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate commitments at this time.
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.
NiCo Resources Limited is not participating in any of the initiatives that 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.