Agnico Eagle
Agnico Eagle Mines Limited, commonly referred to as Agnico Eagle, is a prominent Canadian gold mining company headquartered in Canada. 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. The company’s core offerings include gold and silver production, with a unique emphasis on high-quality assets and a diversified portfolio. Notable achievements include a consistent track record of profitability and a strong market position, making it one of the leading gold producers in North America. With a focus on innovation and responsible mining, Agnico Eagle continues to set benchmarks in 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 Mining 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 21 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Agnico Eagle's reported carbon emissions
In 2023, Agnico Eagle reported total carbon emissions of approximately 1,340,000,000 kg CO2e. This includes Scope 1 emissions of about 1,111,124,000 kg CO2e, Scope 2 emissions of approximately 289,642,000 kg CO2e, and significant Scope 3 emissions totalling around 2,137,011,000 kg CO2e. The company has set an interim target to reduce absolute Scope 1 and 2 emissions by 30% by 2030, using 2021 as the baseline year. Additionally, Agnico Eagle aims for net-zero Scope 1 and 2 emissions by 2050. In 2022, the company reported total emissions of about 1,390,000,000 kg CO2e, with Scope 1 emissions at approximately 1,117,861,000 kg CO2e and Scope 2 emissions around 268,241,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,895,988,000 kg CO2e. Agnico Eagle's commitment to reducing its carbon footprint is further demonstrated through its initiatives, including exploring alternative energy sources in Nunavut, which could significantly lower its reliance on diesel fuel. The company is actively working towards a climate-resilient business model, reflecting its dedication to sustainability and climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 325,922,000 | 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 | 74,488,000 | 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 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.
