Shandong Gold Mining Co
Shandong Gold Mining Co., Ltd., commonly referred to as Shandong Gold, is a prominent player in the global mining industry, headquartered in Jinan, Shandong Province, China. Established in 1975, the company has grown to become one of the largest gold producers in China, with significant operations in regions such as Shandong, Xinjiang, and Henan. Specialising in gold exploration, mining, and processing, Shandong Gold is renowned for its commitment to sustainable practices and technological innovation. The company’s core products include high-quality gold bullion and refined gold, setting it apart through its advanced extraction techniques and efficient production methods. With a strong market position, Shandong Gold has achieved notable milestones, including successful acquisitions and expansions that enhance its operational capacity. As a leader in the mining sector, Shandong Gold continues to contribute significantly to the global gold supply chain.
DitchCarbon Score
How does Shandong Gold Mining Co'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
Shandong Gold Mining Co's score of 17 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shandong Gold Mining Co's reported carbon emissions
In 2023, Shandong Gold Mining Co., based in China (CN), reported a greenhouse gas emission intensity of approximately 0.02243 tonnes CO2e per RMB million in revenue. This figure reflects the company's operational impact, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The company has set ambitious climate commitments in response to national initiatives for carbon reduction. Shandong Gold aims to achieve net-zero emissions for both Scope 1 and Scope 2 by 2030, aligning with the Carbon Peak and Carbon Neutrality action call from the Chinese government. These management goals were established based on the company's operational realities and are part of a broader strategy to enhance sustainability. The emission intensity has shown a gradual increase from 0.02574 tonnes CO2e in 2022 to 0.02243 tonnes CO2e in 2023, indicating a need for further action to meet their climate targets. The company is actively working towards these commitments, although specific reduction percentages have not been detailed. Overall, Shandong Gold Mining Co. is positioning itself to address climate change through its operational strategies and commitments, reflecting a growing trend in the mining industry towards sustainability and reduced carbon footprints.
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.
Shandong Gold Mining Co 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.
