In 2024, Jl Mag Rare-Earth 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) and Scope 2 (indirect emissions from purchased energy).
However, Jl Mag Rare-Earth has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 6,436.68a | 4,052a | 3,221a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 169,115.7a | 79,460a | 105,925a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.9457a | 4.3059a | 3.1302a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Jl Mag Rare-Earth amounted to 175,552.38 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 Jl Mag Rare-Earth increased by 110.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Jl Mag Rare-Earth were 6,436.68 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Jl Mag Rare-Earth's Scope 1 emissions have increased by 99.83%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Jl Mag Rare-Earth's Scope 1 emissions increased by 58.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Jl Mag Rare-Earth reported Scope 2 greenhouse gas (GHG) emissions of 169,115.7 tCO₂e without specifying the calculation method.a
Since 2022, Jl Mag Rare-Earth's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 59.66%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Jl Mag Rare-Earth's Scope 2 emissions (Unspecified Calculation Method) rose by 112.83% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Jl Mag Rare-Earth reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Jl Mag Rare-Earth reported Scope 1 greenhouse gas (GHG) emissions of 6,436.68 tCO₂e and total revenues of USD 927 millions. This translates into an emissions intensity of 6.95 tCO₂e per millions USD.a
In 2024, Jl Mag Rare-Earth reported a Scope 1 emissions intensity of 6.95 tCO₂e per millions USD. Compared to the peer group median of 23.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Jl Mag Rare-Earth ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Jl Mag Rare-Earth is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a