Antofagasta Minerals
Antofagasta Minerals, a prominent player in the global mining industry, is headquartered in Santiago, Chile. Established in 1888, the company has evolved into a leading copper producer, with significant operations in the Antofagasta Region and beyond. Specialising in the extraction and processing of copper, gold, and molybdenum, Antofagasta Minerals is renowned for its commitment to sustainable practices and innovation in mining technology. With a strong market position, the company has achieved notable milestones, including the development of large-scale mining projects that enhance its production capabilities. Antofagasta Minerals stands out for its high-quality copper products, which are essential for various industries, including electronics and renewable energy. As a key contributor to Chile's economy, Antofagasta Minerals continues to play a vital role in the global mining landscape.
DitchCarbon Score
How does Antofagasta Minerals'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.
Industry Average
Mean score of companies in the Salt and Mineral 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.
Industry Benchmark
Antofagasta Minerals's score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Antofagasta Minerals's reported carbon emissions
In 2023, Antofagasta Minerals reported significant carbon emissions, totalling approximately 1,276,878,000 kg CO2e. This figure includes 1,276,348,000 kg CO2e from Scope 1 emissions and 530,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Comparatively, in 2022, the global emissions were approximately 1,113,581,000 kg CO2e for Scope 1 and 2,385,654,000 kg CO2e for Scope 2, indicating a slight increase in Scope 1 emissions in 2023. The emissions intensity for copper production was reported at 1,690 kg CO2e per tonne on a market-based approach in 2023, down from 1,750 kg CO2e per tonne in 2022. Antofagasta Minerals operates as a current subsidiary of Antofagasta plc, which influences its emissions reporting and climate commitments. However, there are currently no specific reduction targets or initiatives disclosed by Antofagasta Minerals, nor are there any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. Overall, while Antofagasta Minerals has made strides in emissions reporting, the absence of reduction targets highlights a potential area for improvement in their climate strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 578,119,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,412,760,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - |
Industry emissions intensity
Location emissions 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 Minerals is not participating in any of the initiatives that 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.
