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Pacific Metals Co., Ltd., commonly referred to as Pacific Metals, is a prominent player in the nickel ores and concentrates industry, headquartered in Japan. Established in 1950, the company has built a strong reputation for its commitment to quality and innovation in the extraction and processing of nickel.
With major operations in key regions across Asia, Pacific Metals focuses on producing high-grade nickel products that cater to various industrial applications, including stainless steel manufacturing and battery production. The company’s unique approach to sustainable mining practices sets it apart in a competitive market, ensuring minimal environmental impact while maximising resource efficiency.
Recognised for its significant contributions to the nickel supply chain, Pacific Metals continues to strengthen its market position through strategic partnerships and advancements in technology, solidifying its status as a leader in the industry.
+16 vs industry average
Pacific Metals’s score of 27 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nickel Mining is among the most carbon-intensive industries
The Nickel Mining industry has reduced its overall emissions by 45% since 2018
Scope 3 accounts for ••• of total emissions.
Pacific Metals, headquartered in Japan and operating in the Nickel ores and concentrates industry, reported total Scope 1, 2, and 3 emissions of approximately 748.1 million kg CO2e in 2024. This includes around 99.1 million kg CO2e from Scope 1 emissions, 572 million kg CO2e from Scope 2 emissions, and 77 million kg CO2e from Scope 3 emissions.
For 2023, Pacific Metals reported total Scope 1, 2, and 3 emissions of approximately 811 million kg CO2e, comprising about 220 million kg CO2e from Scope 1, 492 million kg CO2e from Scope 2, and 99 million kg CO2e from Scope 3 emissions.
The company has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 46% or more by 2030, compared to a 2013 baseline. Pacific Metals also targets achieving net-zero emissions across all scopes by 2050. Initiatives to meet these goals include utilising carbon-free energy and introducing new technologies. The Scope 1 and 2 emissions data for consolidated subsidiaries will be included from fiscal year 2024 onwards.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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