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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.
+27 vs industry average
Agnico Eagle’s score of 49 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Mining has above-average carbon intensity
The Precious Metal Mining industry has reduced its overall emissions by 41% since 2018
Scope 3 accounts for ••• of total emissions.
Agnico Eagle, a Canadian precious metal ores and concentrates company, has disclosed its carbon emissions and climate commitments.
In 2025, Agnico Eagle's Scope 1 emissions are estimated at approximately 1,135,386,000 kg CO2e, Scope 2 emissions at about 222,531,000 kg CO2e, and Scope 3 emissions at approximately 2,846,516,000 kg CO2e. Key categories within Scope 3 include purchased goods and services at around 1,430,000,000 kg CO2e and capital goods at about 63,000,000 kg CO2e.
Looking back, in 2024, the company reported Scope 1 emissions of approximately 1,119,142,000 kg CO2e, Scope 2 emissions of about 198,831,000 kg CO2e, and Scope 3 emissions of approximately 1,938,951,000 kg CO2e. For 2023, Scope 1 emissions were around 1,150,541,000 kg CO2e, Scope 2 emissions about 186,416,000 kg CO2e, and Scope 3 emissions approximately 2,020,549,000 kg CO2e.
Agnico Eagle is committed to climate action with an interim target to reduce absolute Scope 1 and 2 carbon emissions by 30% by 2030, using a 2021 baseline. The company also has a long-term ambition to achieve net-zero Scope 1 and 2 carbon emissions by 2050. Agnico Eagle previously highlighted efforts to explore alternative energy sources in Nunavut, including a wind farm project at Meliadine, to reduce its carbon footprint.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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