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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.
+19 vs industry average
Agnico Eagle’s score of 41 is higher than 68% 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, reported approximately 4.32 billion kg CO2e in total emissions for 2025. This comprised roughly 1.14 billion kg CO2e from Scope 1, about 222.5 million kg CO2e from Scope 2, and approximately 2.18 billion kg CO2e from Scope 3.
For 2024, the company's total emissions were around 4.26 billion kg CO2e, with Scope 1 at about 1.12 billion kg CO2e, Scope 2 at approximately 198.8 million kg CO2e, and Scope 3 at roughly 1.94 billion kg CO2e.
In 2023, Agnico Eagle's total emissions amounted to approximately 4.31 billion kg CO2e. This included about 1.15 billion kg CO2e from Scope 1, 186.4 million kg CO2e from Scope 2, and 2.02 billion kg CO2e from Scope 3.
Agnico Eagle has set ambitious climate targets. The company aims for net-zero Scope 1 and 2 carbon emissions by 2050. As an interim measure, it has committed to reducing absolute Scope 1 and 2 emissions by 30% by 2030, using a 2021 baseline. The company is also exploring initiatives such as wind farm projects to reduce its carbon footprint.
In earlier reporting years, Agnico Eagle disclosed Scope 1 and 2 emissions: in 2022, total Scope 1 and 2 emissions were approximately 1.39 billion kg CO2e; in 2021, they were around 1.40 billion kg CO2e; and in 2020, they totalled approximately 1.04 billion kg CO2e. Scope 3 emissions were also reported for these years. Prior to 2020, Agnico Eagle primarily reported Scope 1 and 2 emissions, with Scope 3 data not being consistently disclosed. The company has indicated a need for data regarding purchased goods and services within its Scope 3 reporting.
Access structured emission data, company specific factors and auditable source documents
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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