Paladin Energy Ltd
Paladin Energy Ltd, a prominent player in the uranium mining sector, is headquartered in Australia and operates primarily in Namibia and Malawi. Founded in 2002, the company has established itself as a key contributor to the global energy market, focusing on the exploration and development of uranium resources. Paladin's core offerings include high-quality uranium production, which is essential for nuclear energy generation. The company is recognised for its commitment to sustainable practices and innovative mining techniques, setting it apart in a competitive industry. With significant milestones such as the successful operation of the Langer Heinrich Mine, Paladin Energy has solidified its market position, making it a notable name in the uranium sector.
DitchCarbon Score
How does Paladin Energy Ltd'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 Non-Ferrous 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
Paladin Energy Ltd's score of 11 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paladin Energy Ltd's reported carbon emissions
In 2023, Paladin Energy Ltd reported total carbon emissions of approximately 1,140,000 kg CO2e, comprising 711,000 kg CO2e from Scope 1 and 429,000 kg CO2e from Scope 2 emissions. Notably, there were no reported emissions from Scope 3. This represents a significant increase in emissions compared to 2022, when the company recorded about 410,000 kg CO2e, with 150,000 kg CO2e from Scope 1 and 260,000 kg CO2e from Scope 2. Paladin Energy has committed to achieving net-zero emissions by 2050 or sooner, with specific targets set for both Scope 1 and Scope 2 emissions. This long-term commitment, initiated in 2023, underscores the company's dedication to decarbonising energy and electricity generation, aligning with global climate goals. The emissions data is not cascaded from any parent organisation, indicating that Paladin Energy Ltd independently reports its carbon footprint and climate commitments. The company is actively working towards its climate objectives, although specific reduction percentages have not been disclosed.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 150,000 | 000,000 |
| Scope 2 | 260,000 | 000,000 |
| Scope 3 | - | - |
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.
Paladin Energy Ltd 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.
