Nouveau Monde Graphite

Nouveau Monde Graphite's reported carbon emissions

Nouveau Monde Graphite (CA), operating within the furniture and other manufactured goods sector, is committed to achieving Net Zero by 2030. This ambitious target involves a dual strategy of implementing greenhouse gas (GHG) reduction initiatives and engaging in offset projects. A key component of their plan is to compensate for 50% of all unabated emissions by 2030 through company-owned local sequestration projects, aiming to reduce their reliance on external carbon offset markets. Regarding emissions data, Nouveau Monde Graphite reported a total of approximately 583,000 kg CO2e for the year 2024. For the 2021 reporting year, the company disclosed Scope 1 emissions totalling approximately 210,000 kg CO2e, Scope 2 emissions of approximately 1,000 kg CO2e, and Scope 3 emissions amounting to approximately 1,334,000 kg CO2e. In 2020, their reported emissions included Scope 1 at approximately 54,600 kg CO2e and Scope 2 at approximately 3,800 kg CO2e. It is important to note that Scope 3 emissions data was not disclosed for the 2020 reporting year. The company has also stated that it is "Already carbon neutral." While specific interim reduction targets beyond the 50% compensation goal for unabated emissions by 2030 are not detailed in the provided information, their commitment to Net Zero by 2030 underscores a significant focus on climate action.