ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
Extracted ESG KPIs
KPIs are organized by ESG aspects.
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2040 | Report Pages |
|---|---|---|---|
| Reduction in emissions intensity (per unit of processed ore) by 2040 (medium-term goal) | percent | 60 | 26 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Hazardous waste density (tonnes per tonne of ore processed) | 9.812×10⁻⁵ | 25 | |
| Hazardous waste generated | kilotonnes | 58 | 25 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Non-hazardous waste density (tonnes per tonne of ore processed) | 1.320×10⁻⁴ | 25 | |
| Non-hazardous waste generated | kilotonnes | 78 | 25 |
| Non-hazardous waste recycling rate | 64.7% | 25 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2030 | 2030-2040 | 2040 | 2041-2050 | 2045 | 2050 | Report Pages |
|---|---|---|---|---|---|---|---|---|
| Carbon price (IEA WE02023, NZE Scenario, emerging market and developing economies including China, Brazil, South Africa) | USD/tonne CO2 | 200 | 82 | |||||
| Long-term goal for greenhouse gas emissions (2041–2050) | Achieve a 67% reduction in carbon emissions by 2045 on 2030 levels, and achieve carbon neutrality by 2050 | 93 | ||||||
| Medium-term goal for greenhouse gas emissions (2030–2040) | Achieve a 38% reduction in peak carbon emissions by 2040 on 2030 levels | 93 | ||||||
| Reduction in absolute emissions by 2040 compared with the 2030 peak (medium-term goal) | percent | 38 | 26 | |||||
| Reduction in absolute emissions by 2045 compared with the 2030 peak (long-term goal) | percent | 67 | 26 | |||||
| Short-term target for greenhouse gas emissions (by 2030) | Achieve a 15% reduction in carbon intensity, so as to reach peak carbon emissions by 2030 | 93 |
Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Hazardous waste recycling rate | 42.9% | 25 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2050 | Report Pages |
|---|---|---|---|
| Share of electricity in transport energy consumption | % | 50 | 83 |
| Share of oil in the global energy supply | % | 8 | 83 |
| Share of renewables in electricity | % | 30 | 83 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|---|---|
| Total water use | million cubic meters | 128 | 133 | 126 | 180 | 234 | 21 |
| Water use by source: Groundwater | % | 14.0 | 21 | ||||
| Water use by source: Municipal water | % | 0.1 | 21 | ||||
| Water use by source: Recycled water | % | 80.9 | 21 | ||||
| Water use by source: Surface water | % | 5.0 | 21 | ||||
| Water use intensity | cubic meters per tonne of processed ore | 3.959 | 21 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Indicator | Unit | 2025 | Report Pages |
|---|---|---|---|
| Share of renewable energy target | % | The share of renewables should be at least 40% by 2025 | 93 |
Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.
| Indicator | Unit | 2025 | Report Pages |
|---|---|---|---|
| Share of recycled water target | % | The share of recycled water should be at least 83% by 2025 | 93 |
Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.
| Indicator | Unit | 2020 | 2024 | 2030 | 2050 | Report Pages |
|---|---|---|---|---|---|---|
| Carbon management and disclosure costs as a percentage of mining revenue (projected for 2050 under both STEPS and NZE scenarios) | % of mining revenue | less than 0.1 | 84 | |||
| Critical metals market growth rate (IEA forecast) | percent | 20 | 87 | |||
| Landslide risk impact - Brazil | Low | Low | Low | 90 | ||
| Landslide risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | ||
| external assurance coverage of all Group operations | 100% | 3 |
Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.
| Indicator | Unit | 2020 | 2024 | 2030 | 2040 | 2050 | January 2022 | March 2023 | Report Pages |
|---|---|---|---|---|---|---|---|---|---|
| Board deliberation on carbon neutrality | Board approval of the Carbon Neutral Roadmap and Action Plan | 80 | |||||||
| Board deliberation on climate change vision | Board approval and release of the Climate Change Vision | 80 | |||||||
| DRC Drought risk impact | Low | Low | Low | 89 | |||||
| DRC Extreme heat risk impact | Medium | Medium | Medium | 89 | |||||
| DRC Landslide risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Rainfall flood risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC River flood risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Sea level rise risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Snowmelt risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Storm surge risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Typhoon risk impact | Extremely low | Extremely low | Extremely low | 89 | |||||
| DRC Wildfire risk impact | Medium | Medium | Medium | 89 | |||||
| Drought risk impact - Brazil | Low | Low | Low | 90 | |||||
| Drought risk impact - TFM in the DRC | Low | Low | Low | 90 | |||||
| Extreme heat risk impact - Brazil | Medium | Medium | Medium | 90 | |||||
| Extreme heat risk impact - TFM in the DRC | Medium | Medium | Medium | 90 | |||||
| Greenhouse gas (GHG) emissions and the related risks | Disclosed | 79 | |||||||
| How processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management | Disclosed | 79 | |||||||
| Management’s role in assessing and managing climate-related risks and opportunities | Disclosed | 79 | |||||||
| Physical risk impact - Drought (2020 Baseline) | Low | 88 | |||||||
| Physical risk impact - Drought (2030 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Drought (2030 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - Drought (2050 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Drought (2050 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - Extreme heat (2020 Baseline) | Medium | 88 | |||||||
| Physical risk impact - Extreme heat (2030 SSP1–2.6) | Medium | 88 | |||||||
| Physical risk impact - Extreme heat (2030 SSP5–8.5) | Medium | 88 | |||||||
| Physical risk impact - Extreme heat (2050 SSP1–2.6) | Medium | 88 | |||||||
| Physical risk impact - Extreme heat (2050 SSP5–8.5) | Medium | 88 | |||||||
| Physical risk impact - Landslide (2020 Baseline) | Low | 88 | |||||||
| Physical risk impact - Landslide (2030 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Landslide (2030 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - Landslide (2050 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Landslide (2050 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - Rainfall flood (2020 Baseline) | Low | 88 | |||||||
| Physical risk impact - Rainfall flood (2030 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Rainfall flood (2030 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - Rainfall flood (2050 SSP1–2.6) | Low | 88 | |||||||
| Physical risk impact - Rainfall flood (2050 SSP5–8.5) | Low | 88 | |||||||
| Physical risk impact - River flood (2020 Baseline) | Extremely low | 88 | |||||||
| Physical risk impact - River flood (2030 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - River flood (2030 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - River flood (2050 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - River flood (2050 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Sea level rise (2020 Baseline) | Extremely low | 88 | |||||||
| Physical risk impact - Sea level rise (2030 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Sea level rise (2030 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Sea level rise (2050 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Sea level rise (2050 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Snowmelt (2020 Baseline) | Extremely low | 88 | |||||||
| Physical risk impact - Snowmelt (2030 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Snowmelt (2030 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Snowmelt (2050 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Snowmelt (2050 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Storm surge (2020 Baseline) | Extremely low | 88 | |||||||
| Physical risk impact - Storm surge (2030 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Storm surge (2030 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Storm surge (2050 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Storm surge (2050 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Typhoon (2020 Baseline) | Extremely low | 88 | |||||||
| Physical risk impact - Typhoon (2030 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Typhoon (2030 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Typhoon (2050 SSP1–2.6) | Extremely low | 88 | |||||||
| Physical risk impact - Typhoon (2050 SSP5–8.5) | Extremely low | 88 | |||||||
| Physical risk impact - Wildfire (2020 Baseline) | Medium | 88 | |||||||
| Physical risk impact - Wildfire (2030 SSP1–2.6) | Medium | 88 | |||||||
| Physical risk impact - Wildfire (2030 SSP5–8.5) | Medium | 88 | |||||||
| Physical risk impact - Wildfire (2050 SSP1–2.6) | Medium | 88 | |||||||
| Physical risk impact - Wildfire (2050 SSP5–8.5) | Medium | 88 | |||||||
| Projected revenue impact under NZE scenario | percent, percent higher than STEPS scenario | 10 | 0.5 | 85 | |||||
| Rainfall flood risk impact - Brazil | Low | Low | Low | 90 | |||||
| Rainfall flood risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| River flood risk impact - Brazil | Extremely low | Extremely low | Extremely low | 90 | |||||
| River flood risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| Sea level rise risk impact - Brazil | Extremely low | Extremely low | Extremely low | 90 | |||||
| Sea level rise risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| Snowmelt risk impact - Brazil | Extremely low | Extremely low | Extremely low | 90 | |||||
| Snowmelt risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| Storm surge risk impact - Brazil | Extremely low | Extremely low | Extremely low | 90 | |||||
| Storm surge risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| The climate-related risks and opportunities the organization has identified | Disclosed | 79 | |||||||
| The impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning | Disclosed | 79 | |||||||
| The metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process | Partially disclosed | 79 | |||||||
| The organization’s processes for identifying and assessing climate-related risks | Disclosed | 79 | |||||||
| The organization’s processes for managing climate-related risks | Disclosed | 79 | |||||||
| The resilience of the organization’s strategy | Disclosed | 79 | |||||||
| The targets used by the organization to manage climate-related risks and opportunities and performance against targets | Disclosed | 79 | |||||||
| Total CVaR as a percentage of mining revenue, 2030 SSP1–2.6 | % | 1.5 | 91 | ||||||
| Total CVaR as a percentage of mining revenue, 2030 SSP5–8.5 | % | 2.2 | 91 | ||||||
| Total CVaR as a percentage of mining revenue, 2050 SSP1–2.6 | % | 3.3 | 91 | ||||||
| Total CVaR as a percentage of mining revenue, 2050 SSP5–8.5 | % | 6.2 | 91 | ||||||
| Typhoon risk impact - Brazil | Extremely low | Extremely low | Extremely low | 90 | |||||
| Typhoon risk impact - TFM in the DRC | Extremely low | Extremely low | Extremely low | 90 | |||||
| Wildfire risk impact - Brazil | Low | Medium | Medium | 90 | |||||
| Wildfire risk impact - TFM in the DRC | Medium | Medium | Medium | 90 |
Employee turnover rate by gender, age group and geographical region.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Overall turnover rate among CMOC staff and contractors | % | 25.4 | 32 |
| Turnover rate among contractors | % | 32.7 | 32 |
| Turnover rate among staff | % | 7.8 | 32 |
Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Number of work-related fatalities at TFM site | 5 | 32 |
Description of occupational health and safety measures adopted, and how they are implemented and monitored.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| ISO 45001 certification achieved at all mining sites | Yes | 32 |
Number of suppliers by geographical region.
| Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|---|---|
| Number of suppliers by region - Africa | 1582 | 1835 | 1329 | 450 | 347 | 66 | |
| Number of suppliers by region - Asia | 648 | 794 | 839 | 740 | 819 | 66 | |
| Number of suppliers by region - Europe | 152 | 171 | 104 | 32 | 18 | 66 | |
| Number of suppliers by region - North America | 420 | 419 | 303 | 19 | 18 | 66 | |
| Number of suppliers by region - Oceania | 393 | 751 | 702 | 673 | 7 | 66 | |
| Number of suppliers by region - South America | 814 | 1464 | 1365 | 1173 | 1838 | 66 | |
| Total number of suppliers | 4009 | 5434 | 4642 | 3087 | 3047 | 66 |
Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.
| Indicator | Unit | 2024 | January 2023 | March 2024 | March 2025 | Report Pages |
|---|---|---|---|---|---|---|
| Board deliberation on establishment of ESG Department | Board approval for the establishment of the ESG Department | 80 | ||||
| Board review of 2023 TCFD report | Board review of the 2023 TCFD report | 80 | ||||
| Board review of 2024 TCFD report | Board review of the 2024 TCFD report | 80 | ||||
| Board review of risk register (including for climate-related risks) | Board review of risk register (including for climate-related risks) | Board review of risk register (including for climate-related risks) | 80 | |||
| Board’s oversight of climate-related risks and opportunities | Disclosed | 79 |
Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| MSCI ESG Ratings for CMOC | AA | 3 |
Resources contributed (e.g. money or time) to the focus area.
| Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|---|---|
| Community spending (Total RMB millions) | RMB millions | 156.4 | 194.9 | 290.4 | 295.6 | 458.9 | 66 |
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2040 |
|---|---|---|
| Total GHG Emissions Intensity (By Product Volume) | percent reduction vs 2022 | 60 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Total Hazardous Waste | tonnes | 58000 |
| Total Hazardous Waste Intensity (By Product Weight) | tonnes per tonne of ore processed | 0.00009812 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Non-Hazardous Waste Recycled | kilotonnes | 50.466 |
| Recycling Rate of Non-Hazardous Waste | % | 64.7 |
| Total Non-Hazardous Waste Intensity (By Unit Product) | tonnes per tonne of ore processed | 0.000132 |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2030 | 2040 | 2045 | 2050 |
|---|---|---|---|---|---|
| Carbon price (IEA WE02023, NZE Scenario, emerging market and developing economies including China, Brazil, South Africa) | USD/tonne CO2 | 200 | |||
| GHG Emissions Reduction Percentage Compared to Last Year | percent | 38 | 67 | ||
| Percentage of Reduction in GHG Intensity Compared to Last Year | percent | 15 |
Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Hazardous Waste Recycling Rate | % | 42.9 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2050 |
|---|---|---|
| Percentage of Renewable Energy Consumption | % | 70 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Groundwater Withdrawal | million cubic meters | 32.76 | ||||
| Municipal Water Consumption | million cubic meters | 0.234 | ||||
| Recycled Water Percentage | % | 80.9 | ||||
| Recycled Water Usage | million cubic meters | 189.306 | ||||
| Surface Water Withdrawal | million cubic meters | 11.7 | ||||
| Total Water Withdrawal | million cubic meters | 128 | 133 | 126 | 180 | 234 |
| Water Withdrawal Intensity | cubic meters per tonne of processed ore | 3.959 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Turnover Rate of Contractors | % | 32.7 |
| Turnover Rate of Total Employees | % | 7.8 |
Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Number of Fatalities as a Result of Work-related Injuries | 5 | |
| Number of Work-related Fatalities | 5 |
Number of suppliers by geographical region.
| Standard Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Number of Suppliers in Africa | 1582 | 1835 | 1329 | 450 | 347 | |
| Number of Suppliers in Asia (Excluding China) | 648 | 794 | 839 | 740 | 819 | |
| Number of Suppliers in Europe | 152 | 171 | 104 | 32 | 18 | |
| Number of Total Suppliers | 4009 | 5434 | 4642 | 3087 | 3047 |
Resources contributed (e.g. money or time) to the focus area.
| Standard Indicator | Unit | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Total Social Investment | RMB millions | 156.4 | 194.9 | 290.4 | 295.6 | 458.9 |