Nickel Asia Corp. (NAC) has marked a pioneering achievement in the mining industry by completing a comprehensive carbon emissions inventory related to land use changes, positioning itself as a leader in sustainable practices.
In a statement, NAC revealed the inventory is a key step in its commitment to reach net zero carbon emissions by 2050. The company plans to submit its emissions reduction targets to the Science Based Targets initiative (SBTi), an internationally recognized body that helps businesses align their goals with climate science.
The study, conducted in partnership with the University of the Philippines Los Baños (UPLB), evaluated the carbon emissions from land use changes at several NAC mining sites, including in Cagdianao, Hinatuan, Rio Tuba, and Taganito. The research, led by Dr. Florencia Pulhin, analyzed carbon stored in forests and soils, with a focus on emissions released from mining activities. While study results have not yet been disclosed, NAC emphasized the importance of the findings in shaping its future environmental strategies.
Dr. Pulhin praised NAC’s reforestation initiatives, underscoring the company’s genuine commitment to rehabilitating mined areas. NAC fully funded the research, which took more than two years to complete.
Senior vice president and chief sustainability officer Jose Bayani Baylon highlighted the company’s commitment to sustainable mining practices, noting that the study’s results would help refine NAC’s environmental goals. The company also emphasized its expanding focus on renewable energy through its subsidiary, Emerging Power Inc.
This groundbreaking environmental milestone sets a new standard for the mining industry and underscores NAC’s leadership in responsible resource extraction, advancing both environmental stewardship and climate action.
