GlobalData offers a comprehensive analysis of Shandong Gold Mining, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Shandong Gold Mining‘s ESG performance. GlobalData’s company profile on Shandong Gold Mining offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Shandong Gold Mining, a Chinese gold mining company, has set climate change targets for its greenhouse gas (GHG) emissions. The company aims to achieve the goals actively and steadily for peak carbon dioxide emissions and carbon neutrality, and promote the green, low-carbon, and high-quality development of the mining industry. Shandong Gold Mining latest filings mentioned the keywords ‘Emissions’ and ‘Carbon’ most number of times in relation to 'Climate Change'.
The company has taken steps to achieve its climate change targets, including establishing a supplier management structure to clarify the division of responsibilities for sustainable development management in procurement. Shandong Gold Mining has invested in safety, reduced the carbon footprint of its office, and regularly made statistics and summarized vehicle fuel consumption and mileage details. The company has also installed wind turbines and promoted the utilization of clean energy in its subordinate companies in different fields such as geothermal energy, photovoltaic power, waste heat recovery, and air source heat pumps.
In 2022, the total greenhouse gas emissions of Shandong Gold Mining were 129.5 (in 10,000 tonnes) of CO2eq, and the total energy consumption was 1,690.13 GW. The company's greenhouse gas emission intensity was 16.83 t/100,000 yuan, and its energy consumption intensity was 33.60 MWh/RMB million.
In conclusion, Shandong Gold Mining has integrated the green and low-carbon concept into the whole process of mineral resources development and utilization, continuously optimized the mining process, and strictly controlled production process parameters. The company has also encouraged logistics partners to use reusable express packaging and integrated the green and low-carbon concept into all phases of the use of packaging materials to achieve green packaging.