Semirara Mining and Power Corporation
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 24 is higher than 69% 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 2023, Semirara Mining and Power Corporation (SMPC) reported total carbon emissions of approximately 34,430,000,000 kg CO2e from Scope 1 and 5,070,000,000 kg CO2e from Scope 2, alongside 1,510,000,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, with Scope 1 emissions rising from about 28,720,000,000 kg CO2e in 2022 and Scope 2 emissions from approximately 6,580,000,000 kg CO2e. In 2021, SMPC's emissions were reported at 18,510,000,000 kg CO2e for Scope 1, 5,260,000,000 kg CO2e for Scope 2, and 4,390,000,000 kg CO2e for Scope 3. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Despite the rising emissions, there are currently no specific reduction targets or climate pledges documented by SMPC. The company has not outlined any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. This lack of defined targets may reflect the broader challenges faced by the mining and power sector in transitioning to lower carbon operations. Overall, while SMPC continues to operate within the coal and power generation sectors, its emissions trajectory highlights the need for enhanced climate commitments and strategies to mitigate its environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,340,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 15,977,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Semirara Mining and Power Corporation 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.
