Lingbao Gold Sustainability Profile
Lingbao Gold Company Limited, commonly referred to as Lingbao Gold, is a prominent player in the gold mining industry, headquartered in Lingbao City, China (CN). Established in 2002, the company has rapidly expanded its operations across major regions in China, focusing on gold exploration, mining, and refining. Lingbao Gold is renowned for its commitment to sustainable practices and innovative extraction techniques, which set it apart in a competitive market. The company’s core offerings include high-quality gold products and refined gold bullion, catering to both domestic and international markets. With a strong market position, Lingbao Gold has achieved significant milestones, including notable production increases and strategic partnerships that enhance its operational efficiency. As a leader in the gold sector, Lingbao Gold continues to drive advancements in mining technology while maintaining a focus on environmental responsibility.
DitchCarbon Score
How does Lingbao Gold'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
Lingbao Gold's score of 16 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lingbao Gold's reported carbon emissions
In 2023, Lingbao Gold, headquartered in China (CN), reported total carbon emissions of approximately 124,739,680 kg CO2e. This figure includes about 9,111,350 kg CO2e from Scope 1 emissions and about 115,628,330 kg CO2e from Scope 2 emissions. The company has shown a slight decrease in total emissions compared to 2022, when emissions were approximately 124,761,940 kg CO2e, with Scope 1 and Scope 2 emissions recorded at about 11,263,330 kg CO2e and 113,498,610 kg CO2e, respectively. Lingbao Gold has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may not currently be aligned with industry-standard frameworks such as the Science Based Targets initiative (SBTi). Overall, while Lingbao Gold has made some progress in managing its carbon footprint, the lack of formal reduction commitments indicates potential areas for improvement in their climate strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 14,649,280 | 00,000,000 |
| Scope 2 | 105,425,580 | 000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Lingbao Gold's Industry?
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Lingbao Gold'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.
Lingbao Gold 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.
