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Adriatic Metals Plc, a prominent player in the precious metals industry, is headquartered in Great Britain and operates primarily in the Balkans region. Founded in 2017, the company has quickly established itself as a leader in the exploration and development of high-grade silver and gold projects, particularly through its flagship Vares Project in Bosnia and Herzegovina.
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’s core offerings include silver and gold concentrates, with a focus on maximising resource efficiency and minimising environmental impact. With a strong market position and notable achievements, including significant resource discoveries, Adriatic Metals continues to drive growth and contribute to the global precious metals supply chain.
-3 vs industry average
Adriatic Metals’s score of 10 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Production is among the most carbon-intensive industries
The Precious Metal Production industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Adriatic Metals, a UK-headquartered precious metals company, reported total Scope 1, 2, and 3 emissions of approximately 11.9 million kg CO2e in 2023. This included about 2.26 million kg CO2e from Scope 1 emissions, 192,000 kg CO2e from Scope 2 emissions, and 9.4 million kg CO2e from Scope 3 emissions, specifically employee commute. This data is inherited from its parent company, Adriatic Metals PLC.
In 2022, Adriatic Metals's Scope 1 and 2 emissions totalled approximately 1.27 million kg CO2e. This comprised around 966,000 kg CO2e from Scope 1 and 303,000 kg CO2e from Scope 2. In 2021, the company's Scope 1 and 2 emissions were approximately 282,700 kg CO2e, with Scope 1 emissions including 2,100 kg CO2e from stationary combustion and Scope 2 emissions from purchased electricity at 163,000 kg CO2e. In 2020, Adriatic Metals reported approximately 97,730 kg CO2e in combined Scope 1 and 2 emissions, consisting of about 45,025 kg CO2e from Scope 1 and 52,705 kg CO2e from Scope 2.
Adriatic Metals has not reported any specific emissions reduction targets or commitments, such as Science-Based Targets (SBTi) or participation in The Climate Pledge.
No climate goals have been disclosed for Adriatic Metals yet.
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