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 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Adriatic Metals's reported carbon emissions
In 2023, Adriatic Metals reported total carbon emissions of approximately 5,753,572 kg CO2e, comprising 2,256,000 kg CO2e from Scope 1 and 192,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded significant Scope 3 emissions of about 9,403,100 kg CO2e, primarily from employee commuting. In 2022, the total emissions were around 1,269,200 kg CO2e, with Scope 1 emissions at 966,000 kg CO2e and Scope 2 emissions at 303,000 kg CO2e. The Scope 3 emissions for that year were also substantial, at approximately 9,403,060 kg CO2e. Adriatic Metals has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions across all relevant scopes, demonstrating a commitment to transparency in their environmental impact. The company’s emissions per full-time equivalent (FTE) for Scope 1 and 2 were approximately 8,270 kg CO2e in 2023, indicating a focus on tracking their carbon footprint relative to their workforce.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 45,025,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 52,705,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 | 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 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.
