Climate Change Data

Environmental Metrics

ESG Focus Areas

• Value creation
• Innovation
• Health and safety
• Environment protection
• Employee growth
• Partnership
• Social harmony
• Rural vitalization
• Resource security
• Low-carbon transition
• Climate change
• Corporate governance
• Compliance

Environmental Achievements

• Decrease in comprehensive energy consumption per RMB 10,000 of output by 65.9%
• Decrease in the proportion of coal in total energy consumption by 22.6%
• Decrease in sulfur dioxide emissions by 92%
• Decrease in chemical oxygen demand by 20.4%
• Completion of the world's first 1000-meter-deep integrated linkage experiment of self-propelled deep-seabed polymetallic nodule mining

Social Achievements

• Supported pandemic prevention and control and earthquake relief efforts
• Donated RMB 90 million to poverty alleviation and rural vitalization
• Completed 132 pandemic prevention projects with 64,000 person-times from 13 subsidiaries
• Provided high-quality services to the Beijing 2022 Olympic Winter Games
• Las Bambas Women in Copper Program to close gender gaps
• Andean crop project increased yields of potatoes, barley and quinoa

Governance Achievements

• Successfully concluded the three-year action plan for SOE reform
• Established the Central Research Institute of China Minmetals
• Improved the modern SOE governance with Chinese characteristics
• Strengthened risk management system
• Implemented the “three lists and one process” mechanism

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• COVID-19 pandemic
• Ecological and environmental supervision by central authorities
• Resource depletion
• Competition in the global market

Mitigation Strategies

• Developed alternative sourcing strategies
• Implemented pandemic prevention and control measures
• Made rectifications according to ecological and environmental supervision
• Increased resource exploration and development efforts
• Enhanced core competitiveness and cost management

Supply Chain Management

Responsible Procurement

• Localized employment and procurement
• Compliance with international safety, health, and environmental protection standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards 2021, Global Sustainability Standards Board (GSSB) Sustainability Reporting Standards (2021), ISO 26000:2010, GB/T 36000-2015, UN Global Compact Ten Principles, Guidelines for Social Responsibility in Outbound Mining Investments

Third-party Assurance: TUV NORD (Hangzhou) Co., Ltd.

UN Sustainable Development Goals

• SDG 1
• SDG 2
• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 14
• SDG 15
• SDG 16
• SDG 17

The report details how various initiatives contribute to the UN Sustainable Development Goals.

Awards & Recognition

• Special award of "Valuable News for SOEs"
• State-owned Assets Report honor of excellent communication station
• GoldenBee Excellent CSR Report 2022
• Evergreen Award with Three Stars