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 16 is higher than 89% 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 significant carbon emissions, totalling approximately 7,520,000 kg CO2e for Scope 1 and about 4,310,000 kg CO2e for Scope 2. This reflects a notable increase in emissions compared to 2022, where Scope 1 emissions were about 150,000 kg CO2e and Scope 2 emissions were approximately 260,000 kg CO2e. Notably, there were no reported Scope 3 emissions in either year. Paladin Energy is committed to long-term sustainability, aiming for net-zero emissions by 2050. This commitment encompasses both Scope 1 and Scope 2 emissions, with a focus on reducing their carbon footprint and environmental impact. The company has outlined its intention to decarbonise energy and electricity generation as part of its broader climate strategy. Overall, Paladin Energy's climate commitments reflect a proactive approach to addressing carbon emissions, with specific targets set for the coming decades.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 150,000 | 000,000 | 00,000,000 |
| Scope 2 | 260,000 | 000,000 | 00,000,000 |
| 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.
