Public Profile

Antofagasta

Antofagasta PLC, commonly referred to as Antofagasta, is a prominent mining company headquartered in Great Britain. Established in 1888, the company has evolved into a key player in the global mining industry, primarily focusing on copper production. With major operational regions in Chile, Antofagasta is renowned for its high-quality copper mines, including the Los Pelambres and Centinela mines. The company’s core offerings include copper concentrate and molybdenum, distinguished by their commitment to sustainable mining practices and innovation. Antofagasta has achieved significant milestones, including advancements in environmental management and community engagement, solidifying its market position as a leader in responsible mining. With a strong emphasis on operational efficiency and sustainability, Antofagasta continues to set benchmarks in the industry.

DitchCarbon Score

How does Antofagasta'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.

33

Industry Average

Mean score of companies in the Copper 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.

2

Industry Benchmark

Antofagasta's score of 33 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Antofagasta's reported carbon emissions

In 2023, Antofagasta reported carbon emissions of approximately 1,276,348,000 kg CO2e, comprising 1,276,348,000 kg CO2e from Scope 1 and about 530,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions for this year. Over the years, Antofagasta's emissions have fluctuated significantly. For instance, in 2022, the total emissions were approximately 2,166,016,000 kg CO2e, with Scope 1 emissions at about 1,204,649,000 kg CO2e and Scope 2 emissions at approximately 95,953,000 kg CO2e. In 2021, the total emissions were around 2,391,437,000 kg CO2e, with Scope 1 emissions of about 1,078,726,000 kg CO2e and Scope 2 emissions of approximately 969,648,000 kg CO2e. Despite these figures, Antofagasta has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company operates in a sector that is increasingly scrutinised for its environmental impact, and establishing clear reduction goals could enhance its sustainability profile.

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20092010201120122020202120222023
Scope 1
360,695,000
000,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
645,974,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
00,000,000
000,000
Scope 3
-
-
000,000,000
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. Antofagasta's primary industry is Copper 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. Antofagasta is headquartered in GB, 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.

Antofagasta 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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