Agnico Eagle Mines Limited, commonly referred to as Agnico Eagle, is a prominent player in the precious metal ores and concentrates industry. Headquartered in Canada, the company operates major mining sites across Canada, Finland, and Mexico, focusing on gold production. Founded in 1953, Agnico Eagle has achieved significant milestones, including the development of several high-grade gold mines.
The company is renowned for its commitment to sustainable mining practices and innovative extraction techniques, which set it apart in the competitive landscape. Agnico Eagle's core products include gold and silver, with a strong emphasis on quality and environmental stewardship. With a robust market position, the company has consistently been recognised for its operational excellence and financial stability, making it a leader in the global mining sector.
+21 vs industry average
Agnico Eagle’s score of 41 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Agnico Eagle?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
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
Agnico Eagle, a Canadian precious metal ores and concentrates producer, is committed to reducing its greenhouse gas emissions. For the 2025 reporting year, Agnico Eagle reported a total of approximately 3.52 billion kg CO2e. This comprised Scope 1 emissions of approximately 1.14 billion kg CO2e, Scope 2 emissions of about 222.53 million kg CO2e, and Scope 3 emissions of approximately 2.18 billion kg CO2e.
In 2024, the company's total emissions were around 3.26 billion kg CO2e, with Scope 1 at approximately 1.12 billion kg CO2e, Scope 2 at about 198.83 million kg CO2e, and Scope 3 at approximately 1.94 billion kg CO2e. The preceding year, 2023, saw total emissions of approximately 3.41 billion kg CO2e, with Scope 1 at 1.15 billion kg CO2e, Scope 2 at 186.42 million kg CO2e, and Scope 3 at 2.02 billion kg CO2e.
Agnico Eagle has set an ambition to achieve net-zero Scope 1 and 2 carbon emissions by 2050. Furthermore, the company has established an interim target to reduce absolute Scope 1 and 2 carbon emissions by 30% by 2030, using a 2021 baseline. For instance, in 2022, their total emissions were approximately 3.28 billion kg CO2e, with Scope 1 emissions at about 1.12 billion kg CO2e, Scope 2 at approximately 268.24 million kg CO2e, and Scope 3 at 1.90 billion kg CO2e. In 2021, total emissions were approximately 3.44 billion kg CO2e, broken down into Scope 1 of 1.11 billion kg CO2e, Scope 2 of 289.64 million kg CO2e, and Scope 3 of 2.14 billion kg CO2e. Emissions data for years prior to 2021 primarily focused on Scope 1 and 2, with Scope 3 data not being consistently reported.
Agnico Eagle actively explores initiatives to reduce its carbon footprint, such as investigating alternative energy sources and pursuing renewable energy projects. The company is committed to climate resilience and has been working on reducing GHG emissions from its operations, including exploring wind farm projects.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
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.
See all 6 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsUsage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project