29metals Sustainability Profile
29Metals Limited, headquartered in Australia, is a prominent player in the mining and metals industry, specialising in the production of copper and gold. Founded in 2021, the company has quickly established itself with significant operations in key regions, including Queensland and New South Wales. The firm is renowned for its flagship operations, such as the Capricorn Copper Mine, which showcases its commitment to sustainable mining practices and innovative extraction techniques. 29Metals distinguishes itself through its focus on high-quality, responsibly sourced metals, catering to a growing demand in various sectors, including construction and electronics. With a strong market position, 29Metals has achieved notable milestones, including successful project developments and a commitment to environmental stewardship, solidifying its reputation as a leader in the Australian mining landscape.
DitchCarbon Score
How does 29metals'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.
Industry Average
Mean score of companies in the Copper Mining 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.
Industry Benchmark
29metals's score of 11 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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29metals's reported carbon emissions
In 2024, 29Metals reported total carbon emissions of approximately 144,374,610 kg CO2e globally, with emissions from Scope 1 and 2 combined. In Australia, the company disclosed 80,000,000 kg CO2e from Scope 1 and 65,000,000 kg CO2e from Scope 2, totalling about 145,000,000 kg CO2e. This marks an increase from 2023, where global emissions were approximately 134,257,920 kg CO2e, and Australian emissions were about 70,000,000 kg CO2e from Scope 1 and 55,000,000 kg CO2e from Scope 2. 29Metals has set long-term net-zero commitments for both Scope 1 and Scope 2 emissions, aiming for significant reductions by 2050. These commitments were initiated in 2023, reflecting the company's dedication to mitigating climate change impacts. The company emphasises its copper-focused assets as a strategic advantage in transitioning to a net-zero emissions future. Overall, 29Metals is actively working towards reducing its carbon footprint while contributing to global climate goals, with a clear focus on both operational emissions and broader environmental responsibilities.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 23,396,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 2 | 95,231,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is 29metals's Industry?
How Carbon Intensive is 29metals's Location?
29metals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
29metals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
