Agnico Eagle
Agnico Eagle Mines Limited, commonly referred to as Agnico Eagle, is a prominent Canadian gold mining company headquartered in Canada. Established in 1953, the company has built a strong reputation in the mining industry, primarily focusing on gold production across its major operational regions in Canada, Finland, and Mexico. Agnico Eagle is renowned for its commitment to sustainable mining practices and operational excellence. The company’s core offerings include gold and silver production, with a unique emphasis on high-quality assets and a diversified portfolio. Notable achievements include a consistent track record of profitability and a strong market position, making it one of the leading gold producers in North America. With a focus on innovation and responsible mining, Agnico Eagle continues to set benchmarks in the industry.
DitchCarbon Score
How does Agnico Eagle'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 Precious Metal 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
Agnico Eagle's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Agnico Eagle's reported carbon emissions
In 2023, Agnico Eagle reported total carbon emissions of approximately 1,340,000,000 kg CO2e, with emissions distributed across various scopes: about 1,337,000,000 kg CO2e from Scope 1, approximately 186,000,000 kg CO2e from Scope 2, and around 2,020,549,000 kg CO2e from Scope 3. This indicates a significant reliance on Scope 3 emissions, which typically encompass indirect emissions from the supply chain and product use. Over the years, Agnico Eagle has shown fluctuations in its emissions. For instance, in 2020, the company recorded total emissions of about 1,042,938,000 kg CO2e, with Scope 1 emissions at approximately 764,965,000 kg CO2e and Scope 2 at about 277,972,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Agnico Eagle's emissions intensity metrics, such as GHG emissions per ounce of gold produced, have been reported at around 360 kg CO2e per ounce in recent years. The company continues to monitor and report its emissions, reflecting an ongoing commitment to transparency in its environmental impact. However, without specific reduction targets, the effectiveness of its climate commitments remains unclear.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 337,190,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 70,281,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Agnico Eagle 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.
