Ivanhoe Electric Inc., headquartered in the United States, is a prominent player in the mining and energy sectors, specialising in innovative technologies for mineral exploration and extraction. Founded in 2021, the company has quickly established itself as a leader in the industry, focusing on sustainable practices and advanced solutions that enhance operational efficiency. With a strong presence in key operational regions, Ivanhoe Electric offers unique products and services, including cutting-edge geophysical tools and data analytics platforms. These offerings are designed to optimise resource discovery and extraction processes, setting the company apart from its competitors. Recognised for its commitment to sustainability and technological advancement, Ivanhoe Electric continues to make significant strides in the market, positioning itself as a forward-thinking entity in the evolving landscape of mining and energy.
How does Ivanhoe Electric Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Lead, Zinc, and Tin Processing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ivanhoe Electric Inc.'s score of 21 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ivanhoe Electric Inc., headquartered in the US, reported projected emissions of approximately 490 kg CO2e per tonne of copper produced at its Santa Cruz Project. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2025). Additionally, Ivanhoe Electric is committed to a 50% reduction in both Scope 1 and Scope 2 emissions from 2020 levels by 2030. These initiatives reflect Ivanhoe Electric's dedication to sustainability and its proactive approach to addressing climate change. The company is implementing systems designed to drastically reduce emissions during the construction and operation phases of its projects, with significant reductions expected by 2026. As of now, there is no disclosed data on Scope 3 emissions. Overall, Ivanhoe Electric's commitments align with industry standards for climate action, demonstrating a clear pathway towards achieving net-zero emissions in the near term.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ivanhoe Electric Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.