New Hope Corporation (NHC.AX)

Overall impact
F (15)

Commentary

New Hope Corporation is a poor overall performer. With an 'F' rating of 15.3 for overall impact (bottom 10% of all companies), New Hope Corporation ranks 18th out of 25 industry peers, behind Hallador Energy, PT Bumi Resources Tbk, Tantech and 14 others, and ahead of Warrior Met Coal, Alpha Metallurgical Resources, China Shenhua Energy and 4 others. On top material causes for New Hope Corporation's industry (Metals & Mining), New Hope Corporation performs poorly in Reduced Inequality (37.5 score), Improved Mental Health (30.8), Lgbtq Equality (11.7) and 9 other causes where it received a 'D' or 'F' score. New Hope Corporation did not receive an 'A' rating on any cause.
Impact
Cause NHC.AX
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Company
Founded
1952
Employees
1,084
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Coal & Consumable Fuels
SASB industry
Coal Operations
Headquarters
Qld, Australia
Share classes
NHC.AX
Description
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; and operation of bulk handling facility comprising receiving, storage, and shipping of coal, construction sand and aggregates, chips and pellets, and mineral sands, as well as raw and processed minerals, such as bauxite, manganese, diatomite, etc. Further, it is involved in port operation and handling; logistics; and marketing activities. The company has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is headquartered in Brisbane, Australia.
Material causes
Ethos considers the following causes material for New Hope Corporation, based on its industry sub-industry Coal & Consumable Fuels. Learn more about material causes in our methodology overview.

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