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Alamos Gold Inc., a prominent mid-tier gold producer, is headquartered in Toronto, Canada, and operates within the dynamic precious metals industry. Since its inception in 2003, Alamos Gold has grown significantly, focusing on the responsible exploration, development, and production of gold.
The company boasts a diversified portfolio of high-quality operating mines and development projects across North America, including Canada and Mexico, alongside key operations in Turkey. Alamos Gold is renowned for its disciplined approach to mining and a consistent track record of operational excellence, having produced over 2 million ounces of gold, solidifying its market position and delivering sustainable value.
-1 vs industry average
Alamos Gold’s score of 13 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Production is among the most carbon-intensive industries
The Precious Metal Production industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Alamos Gold, a Canadian precious metals company, reported its total greenhouse gas emissions for 2023 as approximately 543.1 million kg CO2e. This includes about 152.2 million kg CO2e from Scope 1 emissions, 10.9 million kg CO2e from Scope 2 emissions, and 379.0 million kg CO2e from Scope 3 emissions.
In 2022, the company's Scope 1 emissions were approximately 168.8 million kg CO2e, and Scope 2 emissions were about 9.6 million kg CO2e. For 2021, Scope 1 emissions were around 178.5 million kg CO2e, and Scope 2 emissions were approximately 10.7 million kg CO2e. In 2020, Scope 1 emissions were about 147.5 million kg CO2e, and Scope 2 emissions were roughly 11.2 million kg CO2e. Prior to that, in 2019, Scope 1 emissions were approximately 152.7 million kg CO2e, and Scope 2 emissions were about 10.2 million kg CO2e. In 2018, Scope 1 emissions were around 148.3 million kg CO2e, and Scope 2 emissions were approximately 20.6 million kg CO2e.
Alamos Gold has not reported any specific public reduction targets or Science Based Targets initiative (SBTi) commitments. The company provides emission intensity metrics, such as GHG per tonne of ore mined and GHG per ounce of gold production, to track its environmental performance within the precious metals industry.
No climate goals have been disclosed for Alamos Gold yet.
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