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Qinghai Salt Lake Magnesium Industry Co., Ltd., commonly referred to as Qinghai Magnesium, is a leading player in the magnesium industry, headquartered in China. Established in 1999, the company has made significant strides in the extraction and processing of magnesium resources, primarily operating in the Qinghai province, a region rich in mineral deposits. Specialising in the production of high-purity magnesium products, Qinghai Magnesium offers a range of services that include magnesium metal, magnesium alloys, and various magnesium compounds. Their commitment to quality and innovation sets them apart in a competitive market, enabling them to cater to diverse industries such as aerospace, automotive, and electronics. With a strong market position, Qinghai Magnesium has achieved notable milestones, including advancements in sustainable production methods and a robust export network. Their dedication to excellence continues to drive their reputation as a trusted supplier in the global magnesium market.
How does Qinghai Salt Lake Magnesium Industry Co., Ltd.'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.
Mean score of companies in the Chemicals 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.
Qinghai Salt Lake Magnesium Industry Co., Ltd.'s score of 7 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Qinghai Salt Lake Magnesium Industry Co., Ltd., headquartered in China, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Qinghai Salt Lake Industry Co., Ltd., which may influence its climate commitments and reporting practices. As of now, Qinghai Salt Lake Magnesium Industry Co., Ltd. has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. This lack of specific targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of reported emissions data and reduction initiatives, it is essential for Qinghai Salt Lake Magnesium Industry Co., Ltd. to enhance its transparency and commitment to climate action. This could involve setting measurable targets for emissions reductions and participating in recognised climate initiatives to align with industry standards and expectations.
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.
Qinghai Salt Lake Magnesium Industry Co., Ltd. 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.