Semirara Mining and Power Corporation Sustainability Profile
Semirara Mining and Power Corporation (SMPC), headquartered in the Philippines, is a leading player in the coal mining and power generation industry. Established in 1980, the company has significantly contributed to the energy sector, primarily operating in the Semirara Island region, where it boasts the largest coal reserves in the country. SMPC's core business areas include coal mining, power generation, and the production of various by-products, setting it apart with its integrated operations. The company is renowned for its commitment to sustainable practices and innovation, which have propelled it to a dominant market position in the Philippines. Notable achievements include being the largest coal producer in the nation, underscoring its vital role in supporting the country's energy needs.
DitchCarbon Score
How does Semirara Mining and Power Corporation'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 Salt and Mineral Mining 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
Semirara Mining and Power Corporation's score of 23 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Semirara Mining and Power Corporation's reported carbon emissions
In 2022, Semirara Mining and Power Corporation (SMPC) reported significant carbon emissions associated with its operations, with a production emission factor of approximately 1,030 kg CO2e per MWh generated and about 90 kg CO2e per tonne of coal produced. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025, as well as its Scope 2 emissions to the same target within the same timeframe. These targets reflect a proactive approach to mitigating climate impact, aligning with industry standards for carbon reduction. In previous years, SMPC's emissions data indicates a trend of increasing efficiency, with a reported emission factor of about 1,110 kg CO2e per MWh in 2021 and 1,080 kg CO2e in 2020. The company has inherited emissions data from its parent company, DMCI Holdings, Inc., which may influence its overall carbon footprint and reduction strategies. Overall, SMPC's commitment to achieving near-zero emissions in the near term demonstrates its dedication to addressing climate change and improving sustainability within the mining and power sectors in the Philippines.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | - | 0,000,000,000 |
| Scope 2 | 15,940,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Semirara Mining and Power Corporation's Industry?
How Carbon Intensive is Semirara Mining and Power Corporation's Location?
Semirara Mining and Power Corporation'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.
Semirara Mining and Power Corporation 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.
