Taganito Mining Corporation
Taganito Mining Corporation, often referred to as TMC, is a prominent player in the mining industry, headquartered in the Philippines. Established in 1979, the company has carved a niche in the extraction and export of nickel ore, primarily operating in the Surigao del Norte region. With a commitment to sustainable mining practices, TMC stands out for its innovative approaches to resource management and environmental stewardship. The company has achieved significant milestones, including compliance with international standards and certifications that enhance its market position. As a leading nickel producer, Taganito Mining Corporation has garnered recognition for its high-quality products and dedication to responsible mining, making it a key contributor to the Philippines' economic landscape.
DitchCarbon Score
How does Taganito Mining 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 Iron and Steel Production 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
Taganito Mining Corporation's score of 11 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taganito Mining Corporation's reported carbon emissions
In 2017, Taganito Mining Corporation reported significant carbon emissions, totalling approximately 2,740,000,000 kg CO2e. This figure includes 1,858,000,000 kg CO2e from Scope 1 emissions, 962,000,000 kg CO2e from Scope 2 emissions, and 859,000,000 kg CO2e from Scope 3 emissions, which encompasses 1,200,000,000 kg CO2e attributed to purchased goods and services. The company has shown a slight reduction in emissions over the years, with Scope 1 emissions decreasing from 1,858,000,000 kg CO2e in 2017 to 1,785,000,000 kg CO2e in 2016, and further to 1,858,000,000 kg CO2e in 2015. Scope 2 emissions also saw a reduction from 1,020,000,000 kg CO2e in 2016 to 962,000,000 kg CO2e in 2017. However, there are no specific reduction targets or climate pledges documented, indicating a potential area for improvement in their climate commitments. Overall, while Taganito Mining Corporation has made some progress in reducing its carbon footprint, the absence of formal reduction targets suggests that further strategic initiatives may be necessary to enhance their climate action efforts.
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| 2015 | 2016 | 2017 | |
|---|---|---|---|
| Scope 1 | 1,858,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 962,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 859,000,000 | 000,000,000 | 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.
Taganito Mining 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.
