Public Profile

B2gold

B2Gold Corp, commonly referred to as B2Gold, is a leading gold producer headquartered in Vancouver, Canada. Founded in 2007, the company has rapidly established itself in the mining industry, with significant operations in Mali, the Philippines, and Namibia. B2Gold is renowned for its commitment to sustainable mining practices and its focus on high-quality gold production. The company’s flagship asset, the Fekola Mine in Mali, has been a key driver of its growth, contributing to B2Gold's impressive market position as one of the fastest-growing gold producers globally. With a strong emphasis on exploration and development, B2Gold continues to expand its portfolio, ensuring a robust pipeline of future projects. Its dedication to responsible mining and community engagement sets B2Gold apart in the competitive landscape of the gold mining sector.

DitchCarbon Score

How does B2gold'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.

29

Industry Average

Mean score of companies in the Salt and Mineral 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.

7

Industry Benchmark

B2gold's score of 29 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

B2gold's reported carbon emissions

In 2023, B2Gold reported total carbon emissions of approximately 1,001,000,000 kg CO2e, comprising 673,000,000 kg CO2e from Scope 1, 29,000,000 kg CO2e from Scope 2, and 1,025,000,000 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to previous years, with 2022 emissions recorded at about 739,000,000 kg CO2e for Scope 1 and 2 combined. B2Gold has disclosed emissions data across all three scopes, with significant contributions from Scope 3, which includes upstream activities such as purchased goods and services, capital goods, and business travel. Despite the lack of specific reduction targets or initiatives outlined in their recent reports, the company continues to monitor and report its emissions as part of its commitment to transparency in climate-related matters. Overall, B2Gold's emissions data reflects the ongoing challenges faced by the mining industry in reducing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions. The company’s headquarters in Canada positions it within a regulatory environment that increasingly emphasises sustainability and climate action.

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20192020202120222023
Scope 1
558,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
00,000
000,000
00,000,000
00,000,000
Scope 3
3,200,000
000,000,000
000,000,000
000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. B2gold's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. B2gold is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

B2gold 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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