Shandong Gold Mining Co Sustainability Profile
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 73% 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., headquartered in China, reported a greenhouse gas emission intensity of approximately 0.02243 tonnes CO2e per RMB million in revenue. This figure reflects the company's commitment to monitoring its carbon footprint, although specific absolute emissions data for Scope 1, 2, and 3 are not disclosed. The company has set ambitious climate commitments, aiming for net-zero emissions across both Scope 1 and Scope 2 by 2030. These targets were established in response to national initiatives for Carbon Peak and Carbon Neutrality, with management goals tailored to the company's operational realities. The commitment period for these targets began in 2023 and will conclude in 2030. Shandong Gold's emissions data and climate strategies are not cascaded from any parent organization, indicating that the company is independently managing its climate impact and reporting. The focus on reducing emissions aligns with industry standards and reflects a proactive approach to environmental sustainability.
How Carbon Intensive is Shandong Gold Mining Co's Industry?
How Carbon Intensive is Shandong Gold Mining Co's Location?
Shandong Gold Mining Co'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.
Shandong Gold Mining Co 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.
