China Nonferrous Metal Mining (Group) Co., Ltd.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:189,000 tons (tCO2e)
Carbon Intensity:0.1134 tCO2e per 10,000 yuan of output value
ESG Focus Areas
- Corporate Governance
- Green Development
- Social Responsibility
- Innovation
Environmental Achievements
- 85.9% of environmental problems identified in government inspections were rectified.
- Reduced greenhouse gas emission intensity to 0.1134 tCO2e per 10,000 yuan of output value.
- 7 green mines achieved state or provincial level certification.
- Reduced coal burned by 70,000 tons and carbon dioxide emissions by 53,000 tons at CNMC Zinc through lignite substitution.
Social Achievements
- No major work safety accidents.
- Donated 11.57 million yuan to rural vitalization in Lianghe County, Yunnan Province (highest rating in central SOE assessment).
- Launched a 10 million yuan life improvement program in Zambia.
- 100% employee social insurance coverage.
- Implemented the “three no less than” salary mechanism.
Governance Achievements
- 100% completion rate on targeted actions under the three-year action plan for SOE reform.
- Established boards of directors in 59 subsidiaries.
- No major business risk events in 2022.
- Improved compliance management system, with 94.1% of identified risks rectified.
Climate Goals & Targets
Medium-term Goals:
- Reduce carbon dioxide emissions per 10,000 yuan of output by 18% by the end of the 14th Five-Year Plan Period (2021-2025) (Orient Tantalum).
Short-term Goals:
- Reduce carbon dioxide emissions per unit of output by more than 21% by 2024 (NFC).
Environmental Challenges
- Lower copper prices and rising factor costs.
- Global events leading to fluctuations in commodity prices.
- Environmental protection issues identified in government inspections.
Mitigation Strategies
- Adeptly navigated the complex landscape of COVID-19 response, production optimization, and operation efficiency.
- Implemented rectification measures for environmental problems.
- Established a daily hedging risk management information system.
Supply Chain Management
Supplier Audits: 14,942 total suppliers; 38 blacklisted suppliers.
Responsible Procurement
- Two-level supplier management system.
- Centralized and responsible procurement.
- Strict access, classification, dynamic assessment, merit-based cooperation.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standards, UN Global Compact Ten Principles, ISO 26000:2010, GB/T 36001, CASS-ESG 5.0
Certifications: ISO 14001, ISO 24001
Awards & Recognition
- A-level central State-owned Enterprises
- 1st in the multinational operation index of central SOEs
- 37th in the “Top 100 Chinese Multinational Companies”, 83rd in the “China’s Top 500 Manufacturing Companies”, and 180th in the “Top 500 Chinese Enterprises”