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 29 is higher than 85% 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 1,150,541,000 kg CO2e, Scope 2 emissions of around 186,416,000 kg CO2e, and significant Scope 3 emissions totalling approximately 2,020,549,000 kg CO2e. The company has disclosed emissions data across all three scopes, highlighting its commitment to transparency in its climate impact. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives outlined by Agnico Eagle. The absence of documented reduction targets suggests a need for further development in their climate strategy. As the mining industry faces increasing scrutiny regarding environmental impacts, Agnico Eagle's future commitments to carbon reduction will be crucial in aligning with global climate goals. Overall, while Agnico Eagle has made strides in emissions reporting, the lack of defined reduction initiatives indicates an opportunity for the company to enhance its climate commitments and contribute more effectively to sustainability efforts within the industry.
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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.
