Agnico Eagle
Agnico Eagle Mines Limited, commonly referred to as Agnico Eagle, is a prominent Canadian gold mining company headquartered in Toronto, Ontario. Established in 1953, the company has built a strong reputation in the mining industry, primarily focusing on gold production across its major operational regions in Canada, Finland, and Mexico. Agnico Eagle is renowned for its commitment to sustainable mining practices and operational excellence, producing high-quality gold and silver. The company has achieved significant milestones, including the successful expansion of its mining operations and the development of innovative extraction techniques. With a robust portfolio of mines and a strategic approach to exploration, Agnico Eagle holds a strong market position, consistently ranking among the top gold producers globally. Its dedication to responsible mining and community engagement further distinguishes it within the industry.
DitchCarbon Score
How does Agnico Eagle'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 Ores 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
Agnico Eagle's score of 30 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Agnico Eagle's reported carbon emissions
In 2023, Agnico Eagle Mines Limited reported total carbon emissions of approximately 1.34 million tonnes CO2e, with Scope 1 emissions at about 1.34 million tonnes CO2e and Scope 2 emissions at around 186,000 tonnes CO2e. The company also recorded significant Scope 3 emissions, estimated at approximately 2.02 million tonnes CO2e. Over the years, Agnico Eagle has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a total emission level of about 1.4 million tonnes CO2e, which included 1.15 million tonnes CO2e from Scope 1 and 186,000 tonnes CO2e from Scope 2. This indicates a proactive approach to managing and reducing emissions across its operations. Agnico Eagle has not publicly set specific reduction targets under the Science Based Targets initiative (SBTi) but has engaged in various sustainability initiatives aimed at improving energy efficiency and reducing greenhouse gas emissions. The company has also participated in the Carbon Disclosure Project (CDP), where it has received varying scores over the years, reflecting its ongoing efforts to enhance transparency and accountability in its climate commitments. Overall, Agnico Eagle is actively working towards minimising its environmental impact while maintaining its operational efficiency in the mining sector.
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Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 337,190,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 70,281,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Agnico Eagle is committed to some 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.
