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Public Profile
Precious Metal Production
GB
updated 21 days ago

Adriatic Metals Sustainability Profile

Company website

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.

16

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.

15

Industry Benchmark

Adriatic Metals's score of 16 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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Adriatic Metals's reported carbon emissions

In 2023, Adriatic Metals reported significant carbon emissions, totalling approximately 6,448,740 kg CO2e from Scope 1 mobile combustion and 1,104,300 kg CO2e from process emissions. The company's total Scope 1 emissions reached about 575,357,220 kg CO2e, while Scope 3 emissions from employee commuting accounted for approximately 9,403,100 kg CO2e. In 2022, the company recorded minimal emissions in the UK, with Scope 2 emissions from purchased electricity at about 2,100 kg CO2e. The global emissions for the same year included approximately 1,103,220 kg CO2e from process emissions and 303,300 kg CO2e from purchased electricity, indicating a total of about 1,269,200 kg CO2e for Scope 1 and 2 combined. Adriatic Metals has not set specific reduction targets or initiatives as part of their climate commitments, and there are no reported SBTi targets. The emissions data is cascaded from their parent company, Adriatic Metals PLC, reflecting their current subsidiary status. The company continues to monitor and report its emissions, aiming for transparency in its environmental impact.

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20222023
Scope 1
575,357,220
0,000,000
Scope 2
303,300
-
Scope 3
9,403,060
0,000,000

How Carbon Intensive is Adriatic Metals's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Adriatic Metals's primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Adriatic Metals's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Adriatic Metals is in GB, which has a very low grid carbon intensity relative to other regions.

Adriatic Metals's Scope 3 Categories Breakdown

Adriatic Metals's Scope 3 emissions, which increased by 0% last year and increased by approximately 0% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Employee Commuting" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2023
Employee Commuting
100%

Adriatic Metals's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Adriatic Metals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Adriatic Metals's Emissions with Industry Peers

Atalaya Mining Copper, S.A.

ES
•
Lead, zinc and tin and products thereof
Updated 14 days ago

Ardea Resources Limited

AU
•
Lead, zinc and tin and products thereof
Updated 8 days ago

De Grey Mining Limited

AU
•
Lead, zinc and tin and products thereof
Updated 2 days ago

Newmont

US
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 2 days ago

Big River Gold Limited

AU
•
Lead, zinc and tin and products thereof
Updated about 2 months ago

Northern Dynasty Minerals

CA
•
Other business services (74)
Updated about 1 month ago

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Where does DitchCarbon data come from?

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