Semirara Mining and Power Corp 2019 IR
The report highlights Semirara Mining and Power Corporation's (SMPC) financial and sustainability performance for its coal and power operations in 2019. SMPC achieved a record-high coal production of 15.2 million metric tons and coal sales of 15.6 million metric tons, despite a 20% decline in net income due to lower coal prices. A major milestone was the completion of the accelerated South Panian mine rehabilitation in 21 months, making it the fastest large-scale mine rehabilitation in the Philippines. Additionally, the company successfully completed Phase 1 of the Life Extension Program for its oldest power plant unit and continued extensive community investments in electrification, education, and livelihood programs.
Company: Semirara Mining and Power Corp
Sector: Energy
Country: Philippines
Year: 2019
Type: IR
Pages: 206
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Semirara Mining and Power Corp
Annual And Sustainability Report
The report highlights Semirara Mining and Power Corporation's (SMPC) financial and sustainability performance for its coal and power operations in 2019. SMPC achieved a record-high coal production of 15.2 million metric tons and coal sales of 15.6 million metric tons, despite a 20% decline in net income due to lower coal prices. A major milestone was the completion of the accelerated South Panian mine rehabilitation in 21 months, making it the fastest large-scale mine rehabilitation in the Philippines. Additionally, the company successfully completed Phase 1 of the Life Extension Program for its oldest power plant unit and continued extensive community investments in electrification, education, and livelihood programs.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees