Public Profile

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.

30

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.

20

Industry Benchmark

Agnico Eagle's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Agnico Eagle's reported carbon emissions

In 2023, Agnico Eagle reported total carbon emissions of approximately 1,340,000,000 kg CO2e, comprising about 1,337,000,000 kg CO2e from Scope 1 emissions, 186,416,000 kg CO2e from Scope 2 emissions, and 2,020,549,000 kg CO2e from Scope 3 emissions. This data highlights the company's significant carbon footprint, particularly in Scope 3, which includes emissions from the supply chain and product use. Over the years, Agnico Eagle has shown fluctuations in its emissions. For instance, in 2020, the company recorded total emissions of about 1,043,000,000 kg CO2e from Scope 1 and 2 combined, alongside a substantial Scope 3 contribution of approximately 1,300,000,000 kg CO2e. The emissions intensity for gold production has been reported at around 380 kg CO2e per ounce, indicating the company's ongoing efforts to monitor and manage its carbon output. Despite the absence of specific reduction targets or initiatives disclosed, Agnico Eagle's commitment to addressing climate change is evident through its comprehensive emissions reporting across all three scopes. The company continues to engage in sustainability practices, although further details on specific reduction strategies or pledges are not available.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
337,190,000
000,000,000
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
70,281,000
00,000,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Agnico Eagle's primary industry is Precious metal ores and concentrates, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Agnico Eagle is headquartered in CA, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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