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.
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.
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.
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.
In 2023, Agnico Eagle reported total carbon emissions of approximately 1,340,000,000 kg CO2e, with emissions distributed across various scopes: 1,337,000,000 kg CO2e from Scope 1, 186,416,000 kg CO2e from Scope 2, and 2,020,549,000 kg CO2e from Scope 3. This reflects a significant commitment to transparency in their emissions reporting. Over the years, Agnico Eagle has shown fluctuations in emissions, with Scope 1 and 2 emissions peaking at approximately 1,043,000,000 kg CO2e in 2020. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future development in their climate strategy. The mining industry is under increasing pressure to reduce greenhouse gas emissions, and Agnico Eagle's emissions data highlights the importance of ongoing efforts to address climate change. The company’s emissions intensity, measured in terms of CO2e per ounce of gold produced, remains a critical metric for assessing their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.