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, headquartered in Australia, reported total emissions of approximately 144,374,610 kg CO2e, which includes Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions were about 80,000,000 kg CO2e, while Scope 2 emissions accounted for approximately 65,000,000 kg CO2e. The company has set long-term net-zero emissions commitments for both Scope 1 and Scope 2 emissions, aiming for significant reductions by 2050, with initiatives starting in 2023. In 2023, the total emissions reported globally were approximately 134,257,920 kg CO2e, with no Scope 3 emissions data disclosed. The previous year's emissions in Australia for 2022 were approximately 75,000,000 kg CO2e for Scope 1 and about 25,000,000 kg CO2e for Scope 2, indicating a proactive approach to managing and reducing their carbon footprint. 29Metals is committed to contributing to global efforts to mitigate climate change, as stated in their climate commitments. The company is focused on leveraging its copper assets to support the transition to a net-zero emissions future.
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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.
