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 27 is higher than 64% 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 2023, 29Metals reported total carbon emissions of approximately 2,740,000 kg CO2e, comprising 668,000 kg CO2e from Scope 1, 1,186,000 kg CO2e from Scope 2, and 1,371,000 kg CO2e from Scope 3 emissions. The company's Scope 1 and 2 emissions combined totalled about 2,747,500 kg CO2e. 29Metals has set long-term climate commitments, aiming for significant reductions in both Scope 1 and Scope 2 emissions by 2050. The company is dedicated to contributing to global efforts to mitigate climate change and reduce its carbon footprint. While specific percentage reduction targets have not been disclosed, the commitment reflects a proactive approach to addressing climate risks and enhancing sustainability practices. In previous years, emissions were also substantial, with 2022 figures showing total emissions of approximately 203,961,000 kg CO2e, and 2021 reporting similar totals. The company continues to monitor and report its emissions across all scopes, demonstrating transparency and accountability in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 35,231,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 162,198,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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 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.
