GlobalData offers a comprehensive analysis of NMDC, 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 NMDC‘s ESG performance. GlobalData’s company profile on NMDC 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.
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NMDC, a leading mining company in India, is committed to reduce its GHG emissions as part of its sustainability efforts. In terms of greenhouse gas emissions, NMDC reported a total of 62,562.14 metric tonnes of CO2 equivalent for scope 1 emissions and 54,111.14 metric tonnes of CO2 equivalent for scope 2 emissions in the fiscal year 2022-23. The company's total energy consumption from renewable sources was 4,153.72 GJ, while non-renewable sources accounted for 1,116,999.90 GJ.
To achieve its emission reduction goals, NMDC has invested in infrastructure development, community development, and forest and environment compliance. The company is also focused on improving resource efficiency and reducing its impact due to emissions, effluent discharge, and waste generation. Additionally, NMDC is actively engaged with government regulators and stakeholders through various channels of communication, including meetings and periodic reporting.
NMDC's commitment to reduce emissions through the use of renewable energy and other initiatives demonstrate its dedication to environmental sustainability. The company's focus on community development and compliance with environmental regulations further highlights its commitment to responsible business conduct.
In conclusion, NMDC is actively working towards reducing its carbon emissions. The company has implemented various measures, including the use of renewable energy sources and efforts to reduce dust and particulate emissions. Through its engagement with government regulators and stakeholders, NMDC is ensuring transparency and accountability in its environmental and social initiatives.
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