Semirara Mining and Power Corporation
Semirara Mining and Power Corporation (SMPC), headquartered in the Philippines, is a leading player in the coal mining and power generation industry. Established in 1980, the company has significantly contributed to the energy sector, primarily operating in the Semirara Island region, where it boasts the largest coal reserves in the country. SMPC's core business areas include coal mining, power generation, and the production of various by-products, setting it apart with its integrated operations. The company is renowned for its commitment to sustainable practices and innovation, which have propelled it to a dominant market position in the Philippines. Notable achievements include being the largest coal producer in the nation, underscoring its vital role in supporting the country's energy needs.
DitchCarbon Score
How does Semirara Mining and Power 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 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
Semirara Mining and Power Corporation's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Semirara Mining and Power Corporation's reported carbon emissions
In 2023, Semirara Mining and Power Corporation (SMPC) reported significant carbon emissions, totalling approximately 34,430,000,000 kg CO2e for Scope 1, 5,070,000,000 kg CO2e for Scope 2, and 1,510,000,000 kg CO2e for Scope 3. This reflects a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Comparatively, in 2022, SMPC's emissions were approximately 28,720,000,000 kg CO2e for Scope 1, 6,580,000,000 kg CO2e for Scope 2, and 1,420,000,000 kg CO2e for Scope 3. The data indicates a notable increase in Scope 1 emissions, which may raise concerns regarding the company's operational impact on climate change. SMPC has set ambitious near-term climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This commitment underscores the company's intention to significantly mitigate its direct emissions and those associated with its energy consumption. The company also reports an emissions intensity of approximately 90 kg CO2e per tonne of coal produced, highlighting the environmental impact of its primary product. As SMPC continues to navigate the complexities of carbon emissions and climate commitments, its progress will be crucial in addressing the broader challenges of climate change within the mining and power sectors.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,304,983,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 15,225,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Semirara Mining and Power 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.
