NiCo Resources Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
NiCo Resources Limited's score of 8 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NiCo Resources Limited's reported carbon emissions
In 2024, NiCo Resources Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 462,200,000 kg CO2e. This figure highlights the company's direct greenhouse gas emissions from its operations. For the year 2023, the company indicated a climate change impact of about 18,000 kg CO2e per tonne of nickel metal produced, encompassing all scopes of emissions. In 2021, the emissions intensity during normal operations was reported at approximately 120 kg CO2e per tonne for ores, slag, and ash, and about 11,600 kg CO2e per tonne for steel. Despite these figures, NiCo Resources Limited has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate commitments. Overall, while the emissions data presents a clear picture of the company's current impact, further transparency regarding reduction strategies and future commitments would be beneficial for stakeholders and the environment.
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| 2024 | |
|---|---|
| Scope 1 | 462,200,000 |
| Scope 2 | - |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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.
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.
