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 21 is lower than 57% 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 includes Scope 1 and Scope 2 emissions. This marks an increase from 2023, where emissions were about 134,257,920 kg CO2e. The company has disclosed emissions data for Scope 1 and Scope 2 for the years 2022, 2021, and 2020, with 2022 emissions recorded at 52,403,000 kg CO2e, comprising 1,141,000 kg CO2e from Scope 1 and 2,309,000 kg CO2e from Scope 2, alongside 1,284,000 kg CO2e from Scope 3. 29Metals is committed to achieving net zero emissions by 2050, with specific targets for both Scope 1 and Scope 2 emissions. This long-term commitment aims to align with global efforts to mitigate climate change risks. The company’s focus on copper assets is seen 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 the broader climate goals, although specific percentage reduction targets have not been disclosed. The emissions data is not cascaded from any parent organization, indicating that it is independently reported.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 35,231,000 | 0,000,000 | 0,000,000 | - | - |
| Scope 2 | 162,198,000 | 0,000,000 | 0,000,000 | - | - |
| Scope 3 | - | 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.
