Nouveau Monde Graphite

Nouveau Monde Graphite (NMG), headquartered in CA and operating within the Furniture; other manufactured goods n.e.c. industry, has outlined ambitious climate commitments. The company aims to achieve Net Zero by 2030, building on its current carbon-neutral status. A key part of this strategy involves compensating for 50% of all unabated emissions through company-owned local sequestration projects by 2030. This initiative is designed to reduce financial exposure to carbon offset markets.

In terms of emissions data, NMG reported approximately 1.92 million kg CO2e in Scope 1, 2, and 3 emissions for the year 2021. This total was comprised of approximately 210,000 kg CO2e in Scope 1 emissions, approximately 1,000 kg CO2e in Scope 2 emissions, and approximately 1.33 million kg CO2e in Scope 3 emissions.

For 2024, NMG reported a total of approximately 583,000 kg CO2e in emissions. However, specific breakdowns for Scope 1, Scope 2, and Scope 3 emissions were not disclosed for this year.

NMG's ESG reports also mention that for 2020, they reported approximately 58,400 kg CO2e in combined Scope 1 and Scope 2 emissions. Scope 3 emissions were not disclosed for this reporting year.

While specific emissions data for 2022 is not detailed, NMG's 2022 ESG report does mention the Global Warming Potential (GWP) of their CSPG (likely referring to Carbon Capture and Storage Products) as 1,230 tonnes. Additionally, for 2019, the company provided normalised GHG emissions and energy consumption data relative to exploration and evaluation expenses, but did not provide absolute emissions figures.