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.
+20 vs industry average
Agnico Eagle’s score of 40 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Precious Metal Mining has above-average carbon intensity
Industry performance
The Precious Metal Mining industry has reduced its overall emissions by 64% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Agnico Eagle's reported carbon emissions
In 2025, Agnico Eagle reported total carbon emissions of approximately 4.5 billion kg CO2e, comprising 1,135,386,000 kg CO2e from Scope 1, 222,531,000 kg CO2e from Scope 2, and 2,182,516,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Agnico Eagle has set ambitious climate commitments, aiming for net-zero carbon emissions for both Scope 1 and Scope 2 by 2050. Additionally, the company has established an interim target to reduce absolute Scope 1 and 2 emissions by 30% by 2030, using 2021 as the baseline year. This commitment underscores Agnico Eagle's dedication to enhancing its sustainability practices and reducing its carbon footprint. The company is actively working on initiatives to ensure a climate-resilient business, including exploring alternative energy sources in regions reliant on diesel fuel, such as Nunavut. These efforts are part of a broader strategy to mitigate greenhouse gas emissions and align with global climate goals.
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Agnico Eagle’s Climate Goals (2030 & 2050)
6 goals2030
30% reduction in Scope 2
Agnico Eagle has set an interim target to reduce absolute Scope 1 and 2 carbon emissions by 30% by 2030 (from a 2021 baseline).
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Agnico Eagle
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