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Altius Minerals Corporation, commonly referred to as Altius, is a prominent player in the iron ore industry, headquartered in Canada. Founded in 2003, the company has established itself as a key contributor to the mining sector, focusing primarily on the exploration and development of iron ore resources across various operational regions.
Altius is renowned for its unique approach to mineral exploration, leveraging innovative strategies to identify and develop high-quality iron ore projects. The company’s core offerings include mineral royalties and strategic investments, which set it apart in a competitive market. With a commitment to sustainable practices, Altius has achieved notable milestones, solidifying its position as a leader in the industry. As it continues to expand its portfolio, Altius Minerals remains dedicated to delivering value and excellence in iron ore production.
20
DitchCarbon score
+5 vs industry average
Altius Minerals’s score of 20 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Iron Ores is among the most carbon-intensive industries
Industry performance
0.836
20182025
The Iron Ores industry has reduced its overall emissions by 39% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Altius Minerals's reported carbon emissions
Altius Minerals's Carbon Emissions & Climate Commitments
Altius Minerals, an Iron ores company headquartered in CA, reported its most recent carbon emissions for 2024. In 2024, the company recorded approximately 2,200 kg CO2e for Scope 2 emissions and about 18,364,000 kg CO2e for Scope 3 emissions. This includes approximately 18,331,000 kg CO2e from investments, 21,600 kg CO2e from business travel, and 10,900 kg CO2e from employee commute. The company did not report Scope 1 emissions for 2024.
For 2023, Altius Minerals reported approximately 2,400 kg CO2e in Scope 2 emissions and about 120,248,000 kg CO2e in Scope 3 emissions. This includes roughly 89,850,000 kg CO2e from investments, 39,500 kg CO2e from business travel, and 10,400 kg CO2e from employee commute.
In 2022, the company's Scope 2 emissions were approximately 2,900 kg CO2e, and its Scope 3 emissions were about 181,948,000 kg CO2e. This comprised around 123,397,000 kg CO2e from investments, 21,600 kg CO2e from business travel, and 10,300 kg CO2e from employee commute.
For 2021, Altius Minerals reported approximately 1,300 kg CO2e in Scope 2 emissions and about 94,963,200 kg CO2e in Scope 3 emissions. This included approximately 118,589,000 kg CO2e from investments and 9,200 kg CO2e from employee commute. Scope 1 emissions were reported as 0 kg CO2e for this year.
In 2020, Scope 1 emissions were 0 kg CO2e, Scope 2 emissions were approximately 1,100 kg CO2e, and Scope 3 emissions totalled about 7,000 kg CO2e, with approximately 5,000 kg CO2e from business travel and 2,000 kg CO2e from employee commute.
For 2019, Altius Minerals reported Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of approximately 1,000 kg CO2e, and Scope 3 emissions of about 19,000 kg CO2e, including roughly 9,000 kg CO2e from business travel and 10,000 kg CO2e from employee commute.
Altius Minerals is committed to addressing climate change and aims to develop a net-zero emissions plan covering Scope 1, Scope 2, and Scope 3 emissions by 2050, with a start year of 2023.
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Altius Minerals’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Altius Minerals15 days ago
20
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