29metals
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 73% 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, which encompasses Scope 1 and Scope 2 emissions. This marks an increase from 2023, where emissions were about 134,257,920 kg CO2e. In 2022, the company disclosed a total of 52,403,000 kg CO2e, with Scope 1 emissions at 15,996,000 kg CO2e and Scope 2 emissions at 36,407,000 kg CO2e. The company has set long-term climate commitments targeting net zero emissions by 2050 for both Scope 1 and Scope 2 emissions, starting from 2023. This commitment reflects 29Metals' dedication to mitigating climate change impacts and contributing to global efforts to reduce greenhouse gas emissions. In Australia, 29Metals reported total emissions of approximately 203,961,000 kg CO2e in 2021, with Scope 1 emissions at 38,594,000 kg CO2e and Scope 2 emissions at 165,367,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Overall, 29Metals is actively working towards reducing its carbon footprint and transitioning to a more sustainable operational model, particularly through its copper-focused assets, which are seen as pivotal in achieving a net zero emissions future.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 35,231,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 2 | 162,198,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
29metals 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.
