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.
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.
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.
Shandong Gold Mining Co's score of 11 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shandong Gold Mining Co, headquartered in CN, reported a greenhouse gas emission intensity of approximately 0.02243 kg CO2e per unit of revenue. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for the year is not disclosed. The previous year, 2022, the emission intensity was about 0.02574 kg CO2e per unit of revenue, indicating a slight improvement in efficiency. The company has not publicly disclosed any specific reduction targets or initiatives related to carbon emissions, nor does it appear to have set any science-based targets for emissions reductions. This lack of formal commitments may reflect broader industry trends, where many mining companies are under increasing pressure to enhance their sustainability practices and reduce their carbon footprints. Overall, while Shandong Gold Mining Co is tracking its emissions intensity, further transparency regarding total emissions and concrete climate commitments would be beneficial for stakeholders and the environment alike.
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.