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Antofagasta PLC, a prominent player in the copper ores and concentrates industry, is headquartered in Great Britain. Founded in 1888, the company has established itself as a leading mining group, primarily operating in Chile, where it manages several key mining assets.
Specialising in the extraction and production of copper, Antofagasta is renowned for its high-quality ores and concentrates, which are essential for various industrial applications. The company has achieved significant milestones, including advancements in sustainable mining practices, positioning itself as a responsible leader in the sector.
With a strong market presence, Antofagasta continues to innovate and expand its operations, contributing to the global demand for copper while maintaining a commitment to environmental stewardship and community engagement.
27
DitchCarbon score
+8 vs industry average
Antofagasta’s score of 27 is higher than 52% 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
High
Copper Mining has above-average carbon intensity
Industry performance
0.925
20182025
The Copper Mining industry has reduced its overall emissions by 45% 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.
Antofagasta's reported carbon emissions
Antofagasta, a UK-headquartered company in the Copper ores and concentrates industry, reported its 2024 Scope 1 emissions at approximately 1,228,924,000 kg CO2e and Scope 2 (market-based) emissions at 887,000 kg CO2e. In 2023, its Scope 1 emissions were approximately 1,188,386,000 kg CO2e, and Scope 2 (market-based) emissions were 16,000 kg CO2e. For 2022, Antofagasta's Scope 1 emissions were around 1,113,581,000 kg CO2e, with Scope 2 (market-based) emissions at 95,236,000 kg CO2e.
The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 30% by 2025, compared to a 2020 baseline. This target represents an avoidance of 730,000 tonnes CO2e. Additionally, Antofagasta is committed to achieving carbon neutrality across all scopes by 2050, or potentially sooner with technological advancements. Antofagasta plc is the source of this cascaded performance data.
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Antofagasta’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
No scope 3 category breakdown has been disclosed yet.
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
Antofagasta2 months ago
27
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