First Quantum Minerals
First Quantum Minerals Ltd., commonly referred to as First Quantum, is a leading global mining company headquartered in Canada. Established in 1983, the company has grown significantly, with major operations in regions such as Africa, Australia, and South America. Specialising in the production of copper, nickel, and gold, First Quantum is renowned for its innovative mining techniques and commitment to sustainable practices. The company’s flagship projects, including the Kansanshi mine in Zambia and the Cobre Panama project, highlight its position as a key player in the mining industry. First Quantum's focus on high-quality production and operational efficiency has earned it a reputation for excellence, making it a notable contender in the global market. With a strong emphasis on environmental stewardship and community engagement, First Quantum Minerals continues to set benchmarks in the mining sector.
DitchCarbon Score
How does First Quantum Minerals'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
First Quantum Minerals's score of 35 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Quantum Minerals's reported carbon emissions
In 2023, First Quantum Minerals reported total carbon emissions of approximately 4,067,000,000 kg CO2e, comprising 3,647,000,000 kg CO2e from Scope 1 emissions, 420,000,000 kg CO2e from Scope 2 emissions, and 2,963,000,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 4,016,000,000 kg CO2e. In 2022, the company’s total emissions were approximately 4,377,000,000 kg CO2e, with Scope 1 emissions at 4,016,000,000 kg CO2e, Scope 2 at 360,000,000 kg CO2e, and Scope 3 at 3,276,000,000 kg CO2e. The trend indicates a focus on managing and potentially reducing emissions across all scopes. First Quantum Minerals has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or similar frameworks. However, the company continues to disclose its emissions data, which is crucial for transparency and accountability in its climate commitments. The absence of formal reduction targets suggests that while emissions are being monitored, a structured approach to reduction may still be in development. Overall, First Quantum Minerals is actively reporting its emissions, which is a positive step towards addressing climate change, but further commitments and strategies may be necessary to align with global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,268,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 496,000,000 | 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.
First Quantum Minerals 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.
