In 2024, CNBM 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).
CNBM has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 157,353,306a | 192,100,000b | 216,670,000b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 9,776,496a | 5,250,000a | 14,070,000b | |
Total Scope 3 | 53,261,489a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6,334.1189a | 6,494.5192b | 6,450.7267b |
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In 2024, the total operational greenhouse gas (GHG) emissions of CNBM amounted to 167,129,802 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 CNBM decreased by 15.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of CNBM were 157,353,306 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, CNBM's Scope 1 emissions have decreased by 27.38%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), CNBM's Scope 1 emissions decreased by 18.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, CNBM reported Scope 2 greenhouse gas (GHG) emissions of 9,776,496 tCO₂e without specifying the calculation method.a
Since 2022, CNBM's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 30.52%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), CNBM's Scope 2 emissions (Unspecified Calculation Method) rose by 86.22% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, CNBM reported its Scope 2 emissions using an unspecified methodology.a
In 2024, CNBM reported 53,261,489 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 CNBM includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, CNBM reported total Scope 3 emissions of 53,261,489 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
In 2024, CNBM reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to CNBM's Scope 3 emissions were:a
In 2024, CNBM reported Scope 1 greenhouse gas (GHG) emissions of 157,353,306 tCO₂e and total revenues of USD 24,842 millions. This translates into an emissions intensity of 6,334.12 tCO₂e per millions USD.a
In 2024, CNBM reported a Scope 1 emissions intensity of 6,334.12 tCO₂e per millions USD. Compared to the peer group median of 3,968.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, CNBM ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CNBM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CNBM reported a total carbon footprint of 220,391,291 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to CNBM's total carbon footprint was Scope 1 emissions, accounting for 71.4% of the company's total carbon footprint, followed by Scope 3 emissions at 24.17%.a