CNBM

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

CNBM has not publicly disclosed emissions reduction targets for any of its scope 1, 2 or 3 emissions originating from its operations or its supply chain. There is no publicly available data to assess the company’s emissions intensity performance.

CNBM has implemented board-level oversight of climate change, but there is no evidence that its board members have significant expertise relevant to the low-carbon transition. Also, the company does not offer executive incentives linked to climate metrics. No direct evidence has been found regarding the use of climate scenario analysis or a carbon price to inform the company’s strategy. The company should consider disclosing the scope and financial implications of its transition strategy.

CNBM has publicly disclosed its research and development (R&D) expenditure for the past three years. However, there is a lack of quantitative data regarding the company’s investment in low-carbon technologies, in particular a breakdown of its investments in both mature- and non-mature climate technologies. Additionally, no company activity has been observed related to patenting of low-carbon technologies.

CNBM does not have a supplier or client engagement strategy. While the company has integrated emissions reduction requirements in engagement with suppliers, it has an opportunity to quantify these reduction requirements and set up mandatory progress reporting to enhance transparency. It can also mandate its suppliers to publicly report their greenhouse gas emissions and other low-carbon requirements and incorporate emissions reduction criteria in its selection of new suppliers or contract renewal of existing suppliers.

CNBM should include emissions reduction targets in the list of targets it has set out related to environmental protection. Furthermore, the company should consider both short- and long-term targets to show its commitment to the challenges posed by the sectoral low-carbon transition.

CNBM’s limited disclosure, does not clearly show if the company has a consistent approach regarding decarbonisation.

CNBM’s total emissions have increased by 15% in the period 2017-2022. Moreover, there is no available public data to evaluate its emissions intensity trend.

CNBM has not disclosed its low-carbon R&D expenditure. Moreover, there is no evidence of CNBM initiating or expanding low-carbon business models or implementing measures to decarbonise its existing business activities.

The company lacks a low-carbon transition plan and there is no indication that it plans to develop one in the foreseeable future.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.
No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by the company was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s actions to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups.
No relevant disclosure was found of the company’s assessment of employment dislocation risks. Further, no public commitment by the company was found stating its intention to reskill and upskill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company reskills and upskills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if the company identifies the impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to their social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.
No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

No company policies or commitments related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain.

No evidence of the company’s policies or commitments related to key decent work issues was found in the public domain. These issues include the provision of safe, secure and healthy workplaces, where workers are fairly renumerated and have a meaningful say in decision-making.

No company policies or commitments related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its business relationships.