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 53% 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 emissions data, with a production emission factor of approximately 1,030 kg CO2e per MWh generated and about 90 kg CO2e per tonne of coal produced. This reflects a decrease from 2021, where the emissions were about 1,110 kg CO2e per MWh and 100 kg CO2e per tonne of coal. The company has disclosed its Scope 1 and Scope 2 emissions, but specific total emissions figures for these scopes were not provided for 2022. SMPC has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025, as stated in their 2020 Annual Sustainability Report. Similarly, they have pledged to achieve near-zero Scope 2 emissions within the same timeframe. These targets indicate a proactive approach to mitigating their carbon footprint and aligning with global climate goals. The emissions data for 2020 shows that SMPC's total emissions were approximately 6,320,208,000 kg CO2e, with Scope 1 emissions accounting for about 6,304,983,000 kg CO2e and Scope 2 emissions at approximately 15,225,000 kg CO2e. This data is cascaded from their parent company, DMCI Holdings, Inc., reflecting the broader corporate commitment to sustainability. Overall, SMPC's initiatives and targets demonstrate a commitment to reducing greenhouse gas emissions and contributing to climate action in the Philippines.
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| 2020 | |
|---|---|
| Scope 1 | 6,304,983,000 |
| Scope 2 | 15,225,000 |
| 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.
