Adriatic Metals
Adriatic Metals Plc, a prominent player in the mining industry, is headquartered in Great Britain and primarily operates in the Balkans region, particularly in Bosnia and Herzegovina. Founded in 2017, the company has quickly established itself as a leader in the exploration and development of high-grade silver and zinc projects, notably the Vares Project. Adriatic Metals is renowned for its commitment to sustainable mining practices and innovative extraction techniques, which set it apart in a competitive market. The company has achieved significant milestones, including successful resource estimates and advancing its projects towards production. With a strong focus on environmental stewardship and community engagement, Adriatic Metals continues to enhance its market position, making it a noteworthy entity in the global mining landscape.
DitchCarbon Score
How does Adriatic Metals'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 Precious Metal Production 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
Adriatic Metals's score of 18 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Adriatic Metals's reported carbon emissions
In 2023, Adriatic Metals reported significant carbon emissions, totalling approximately 11,043,300 kg CO2e from Scope 1 and 9,403,100 kg CO2e from Scope 3 emissions. The total emissions for Scope 1 and 2 combined reached about 575,357,220 kg CO2e. This data highlights the company's substantial carbon footprint, particularly from employee commuting, which constitutes a major portion of their Scope 3 emissions. In 2021, the company recorded total emissions of approximately 981,921,900 kg CO2e, with Scope 1 emissions at about 575,357,220 kg CO2e and Scope 2 emissions at approximately 406,564,680 kg CO2e. This indicates a need for ongoing efforts to reduce emissions across all scopes. Adriatic Metals has not disclosed specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of formal reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while Adriatic Metals has made strides in reporting their emissions, the lack of reduction targets and initiatives indicates an opportunity for further commitment to climate action.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 575,357,220 | 0,000,000 |
| Scope 2 | 406,564,680 | - |
| Scope 3 | - | 0,000,000 |
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.
Adriatic Metals 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.
