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 17 is lower than 75% 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 China (CN), reported a greenhouse gas emission intensity of approximately 0.02243 kg CO2e per unit of revenue (CNY). This figure reflects the company's ongoing efforts to monitor and manage its carbon footprint, although specific total emissions data for the year is not disclosed. The company has set ambitious climate commitments in response to national initiatives for carbon peak and carbon neutrality. Shandong Gold aims to implement reduction strategies for both Scope 1 and Scope 2 emissions, with a target timeframe from 2023 to 2030. While the overall reduction percentage has not been specified, these initiatives demonstrate the company's commitment to aligning with global climate goals. In previous years, the emission intensity figures were 0.02574 kg CO2e in 2022 and 0.02851 kg CO2e in 2021, indicating a gradual improvement in emissions management. Shandong Gold's proactive approach to climate action positions it as a responsible player in the mining industry, focusing on sustainable practices and emissions reduction.
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.