Altius Minerals

Altius Minerals's reported carbon emissions

Altius Minerals, headquartered in CA and operating in the Iron ores industry, has disclosed its carbon emissions and climate commitments. For the reporting year 2024, Altius Minerals reported approximately 2,200 kg CO2e of Scope 2 emissions (location-based). Scope 3 emissions for the same period totalled approximately 18,364,000 kg CO2e, with investments accounting for roughly 18,331,000 kg CO2e, business travel for about 21,600 kg CO2e, and employee commute for approximately 10,900 kg CO2e. Scope 1 emissions were not reported for 2024. In 2023, the company's Scope 2 emissions were approximately 2,400 kg CO2e (location-based), while Scope 3 emissions reached about 120,248,000 kg CO2e, driven significantly by investments (approximately 89,850,000 kg CO2e), along with business travel (about 39,500 kg CO2e) and employee commute (approximately 10,400 kg CO2e). Scope 1 emissions were not reported for 2023. For the 2022 reporting year, Altius Minerals reported approximately 2,900 kg CO2e in Scope 2 emissions (location-based) and approximately 181,948,000 kg CO2e in Scope 3 emissions, with investments making up the largest portion at about 123,397,000 kg CO2e. Business travel accounted for approximately 21,600 kg CO2e and employee commute for about 10,300 kg CO2e. Scope 1 emissions were not reported. In 2021, Scope 1 emissions were 0 kg CO2e, Scope 2 emissions were approximately 1,300 kg CO2e, and Scope 3 emissions totalled around 94,963,200 kg CO2e. This Scope 3 total included investments of approximately 118,589,000 kg CO2e, with business travel at 0 kg CO2e and employee commute at about 9,200 kg CO2e. The reported emissions also noted a production emission factor related to investments (financed emissions) of approximately 94,000 kg CO2e. For 2020, Scope 1 emissions were 0 kg CO2e, Scope 2 emissions were approximately 1,100 kg CO2e, and Scope 3 emissions were around 7,000 kg CO2e, comprising about 5,000 kg CO2e from business travel and 2,000 kg CO2e from employee commute. In 2019, Altius Minerals reported Scope 3 emissions solely from employee commute, amounting to approximately 124,000 kg CO2e. No Scope 1 or Scope 2 data was available for this year. Altius Minerals has set a long-term net-zero emissions target, aiming to develop a plan that covers Scope 1, Scope 2, and Scope 3 emissions by 2050, with an initial focus starting from 2023. The company has not provided specific interim reduction targets. The emissions data presented is not cascaded from a parent organisation.