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CITIC Metal Co Ltd

Common Name
CITIC Metal
Country
China (Mainland)
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
317
Ticker
601061
Exchange
SHANGHAI STOCK EXCHANGE
Description
Citic Metal Co., Ltd. is a prominent player in the metals and mining industry, primarily engaged in the trading and distribution of a diverse portfolio of metal and mineral products. The company's ope...

CITIC Metal's GHG Emissions Data Preview

In 2024, CITIC Metal completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

CITIC Metal has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
30.98a
30.17a
19.41a
Total Scope 2
Unspecified Calculation Method
144.08a
124.68a
105.01a
Total Scope 3
231.89a
237.02a
43.98a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0017a
0.0017a
0.0011a
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Verified Sources Behind CITIC Metal’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. CITIC Metal's ESG Report 2024

Insights into CITIC Metal's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CITIC Metal amounted to 175.06 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CITIC Metal increased by 13.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

CITIC Metal's Scope 1 Emissions Over Time

20222023202408162432tCO2e+55%+3%
  • Total Scope 1
  • Year-over-Year Change

What are CITIC Metal's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CITIC Metal were 30.98 metric tons of CO₂ equivalent (tCO₂e).a

Has CITIC Metal reduced its Scope 1 emissions over time?

Since 2022, CITIC Metal's Scope 1 emissions have increased by 59.61%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), CITIC Metal's Scope 1 emissions increased by 2.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are CITIC Metal's Scope 2 emissions?

In 2024, CITIC Metal reported Scope 2 greenhouse gas (GHG) emissions of 144.08 tCO₂e without specifying the calculation method.a

Has CITIC Metal reduced its Scope 2 emissions over time?

Since 2022, CITIC Metal's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 37.21%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2023), CITIC Metal's Scope 2 emissions (Unspecified Calculation Method) rose by 15.56% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does CITIC Metal use for Scope 2 reporting?

In 2024, CITIC Metal reported its Scope 2 emissions using an unspecified methodology.a

CITIC Metal's Scope 2 Emissions Over Time

20222023202404080120160tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CITIC Metal's Value Chain Emissions

In 2024, CITIC Metal reported 231.89 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of CITIC Metal includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

CITIC Metal's Scope 3 Emissions Over Time

202220232024060120180240tCO2e+439%-2%
  • Total Scope 3
  • Year-over-Year Change

What are CITIC Metal's Scope 3 emissions?

In 2024, CITIC Metal reported total Scope 3 emissions of 231.89 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has CITIC Metal reduced its Scope 3 emissions over time?

Since 2022, CITIC Metal's Scope 3 emissions have increased by 427.26%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), CITIC Metal's Scope 3 emissions remained relatively stable, indicating that CITIC Metal's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does CITIC Metal disclose?

In 2024, CITIC Metal reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of CITIC Metal's Scope 3 emissions?

In 2024, the largest contributors to CITIC Metal's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 231.89 tCO₂e (100%)

CITIC Metal's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into CITIC Metal’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CITIC Metal reported Scope 1 greenhouse gas (GHG) emissions of 30.98 tCO₂e and total revenues of USD 18,224 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD.a

CITIC Metal's Scope 1 Emissions Intensity Compared to Peers

1050050,0005,000,000500,000,000Scope 1 Emissions (tCO2e)101001,00010,000100,000Revenues (Millions of USD)VedantaYear: 2025Scope 1: 63,324,730 tCO2eRevenue: $M 17,641Scope 1 Intensity: 3,589.66 tCO2e/$MJubilee Metals GroupYear: 2025Scope 1: 17,917 tCO2eRevenue: $M 15Scope 1 Intensity: 1,180.64 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 56Scope 1 Intensity: 5,294.72 tCO2e/$MSouth32Year: 2025Scope 1: 7,400,000 tCO2eRevenue: $M 5,770Scope 1 Intensity: 1,282.50 tCO2e/$MKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MGMK Noril'skiy NikelYear: 2024Scope 1: 8,200,000 tCO2eRevenue: $M 12,535Scope 1 Intensity: 654.17 tCO2e/$MFortescueYear: 2025Scope 1: 2,640,000 tCO2eRevenue: $M 23,156Scope 1 Intensity: 114.01 tCO2e/$MAnglo AmericanYear: 2025Scope 1: 5,600,000 tCO2eRevenue: $M 18,546Scope 1 Intensity: 301.95 tCO2e/$MGrupo MexicoYear: 2024Scope 1: 5,343,000 tCO2eRevenue: $M 16,169Scope 1 Intensity: 330.44 tCO2e/$MAnhui Truchum Advanced Materials and TechnologyYear: 2024Scope 1: 53,300 tCO2eRevenue: $M 7,365Scope 1 Intensity: 7.24 tCO2e/$MTibet Summit ResourcesYear: 2022Scope 1: 22,000 tCO2eRevenue: $M 283Scope 1 Intensity: 77.66 tCO2e/$MPangang Vanadium & TitaniumYear: 2023Scope 1: 1,380,200 tCO2eRevenue: $M 2,023Scope 1 Intensity: 682.13 tCO2e/$MChengtun Mining GroupYear: 2024Scope 1: 4,022,919 tCO2eRevenue: $M 3,526Scope 1 Intensity: 1,141.05 tCO2e/$MChina Tungsten High-techYear: 2024Scope 1: 46,400 tCO2eRevenue: $M 2,020Scope 1 Intensity: 22.97 tCO2e/$MChina Northern Rare EarthYear: 2024Scope 1: 343,968 tCO2eRevenue: $M 4,517Scope 1 Intensity: 76.15 tCO2e/$MJCHX Mining ManagementYear: 2024Scope 1: 16 tCO2eRevenue: $M 1,363Scope 1 Intensity: 0.01 tCO2e/$MShenghe Resources HoldingYear: 2024Scope 1: 54,860 tCO2eRevenue: $M 1,558Scope 1 Intensity: 35.21 tCO2e/$MSinomine Resource GroupYear: 2024Scope 1: 194,455 tCO2eRevenue: $M 735Scope 1 Intensity: 264.58 tCO2e/$MYunnan TinYear: 2024Scope 1: 293,910 tCO2eRevenue: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MJinduicheng MolybdenumYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 1,859Scope 1 Intensity: 15.17 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MXingye Silver&TinYear: 2023Scope 1: 46,543 tCO2eRevenue: $M 521Scope 1 Intensity: 89.25 tCO2e/$MXiamen TungstenYear: 2024Scope 1: 127,813 tCO2eRevenue: $M 4,823Scope 1 Intensity: 26.50 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,165Scope 1 Intensity: 45.95 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$MCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$M

How does CITIC Metal's GHG emissions intensity compare to its peers?

In 2024, CITIC Metal reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 114.01, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CITIC Metal rank on GHG emissions intensity within its industry?

In 2024, CITIC Metal ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places CITIC Metal among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into CITIC Metal's Total Carbon Footprint

In 2024, CITIC Metal reported a total carbon footprint of 406.95 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to CITIC Metal's total carbon footprint was Scope 3 emissions, accounting for 56.98% of the company's total carbon footprint, followed by Scope 2 emissions at 35.4%.a

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