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 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 20 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
29metals's reported carbon emissions
In 2023, 29metals reported total carbon emissions of approximately 27,475,000 kg CO2e, with Scope 1 emissions at about 8,217,000 kg CO2e and Scope 2 emissions at around 19,258,000 kg CO2e. This marks a significant reduction from previous years, as the total emissions in 2022 were approximately 203,961,000 kg CO2e, with Scope 1 at about 15,996,000 kg CO2e and Scope 2 at approximately 36,407,000 kg CO2e. In 2021, the company recorded total emissions of about 203,961,000 kg CO2e, with Scope 1 emissions of approximately 14,169,000 kg CO2e, Scope 2 emissions of around 36,511,000 kg CO2e, and Scope 3 emissions from purchased goods and services at about 108,106,000 kg CO2e. The data indicates a trend towards reducing emissions, particularly in Scope 1 and 2, although no specific reduction targets or climate pledges have been disclosed. The company continues to focus on improving its emissions intensity, with a reported intensity of approximately 37,740 kg CO2e per kiloton of ore milled in 2023. Overall, 29metals is actively working towards lowering its carbon footprint, aligning with industry standards for climate commitments.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 35,231,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 162,198,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | - |
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 committed to any reduction initiatives 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.
