Nouveau Monde Graphite Sustainability Profile
Nouveau Monde Graphite, a leading player in the graphite industry, is headquartered in Canada and primarily operates in the province of Quebec. Founded in 2012, the company has rapidly established itself as a key innovator in the sustainable production of natural graphite, catering to the growing demand for advanced materials in various sectors, including electric vehicles and renewable energy. Nouveau Monde Graphite is renowned for its flagship project, the Matawinie graphite mine, which is poised to become one of the largest and most environmentally responsible graphite mines in North America. The company’s commitment to sustainability and its unique approach to graphite extraction set it apart in a competitive market. With a strong focus on quality and eco-friendly practices, Nouveau Monde Graphite is well-positioned to meet the evolving needs of the global market while contributing to a greener future.
DitchCarbon Score
How does Nouveau Monde Graphite'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 Furniture Manufacturing 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
Nouveau Monde Graphite's score of 22 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nouveau Monde Graphite's reported carbon emissions
In 2024, Nouveau Monde Graphite, headquartered in Canada (CA), reported total carbon emissions of approximately 442,000 kg CO2e from Scope 1 and 2 sources. Specifically, Scope 1 emissions accounted for about 440,000 kg CO2e, while Scope 2 emissions were around 2,000 kg CO2e. This represents a slight decrease from 2023, where Scope 1 emissions were about 444,000 kg CO2e and Scope 2 emissions were approximately 4,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2024. However, in 2022, it reported Scope 3 emissions of approximately 959,000 kg CO2e, indicating a significant portion of its overall carbon footprint. Nouveau Monde Graphite has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from any parent organization. The absence of defined reduction strategies suggests a need for further development in their climate action plans. Overall, while the company has made some progress in managing its emissions, particularly in Scope 1 and 2, the lack of comprehensive targets and the high Scope 3 emissions highlight areas for potential improvement in its sustainability efforts.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 54,600 | 000,000 |
| Scope 2 | 3,800 | 0,000 |
| Scope 3 | - | 0,000,000 |
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Nouveau Monde Graphite'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.
Nouveau Monde Graphite has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
