Public Profile

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.

28

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.

10

Industry Benchmark

Antofagasta Minerals's score of 28 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Antofagasta Minerals's reported carbon emissions

In 2023, Antofagasta Minerals reported total carbon emissions of approximately 1,188,386,000 kg CO2e, comprising 1,188,386,000 kg CO2e from Scope 1 and about 530,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, which totalled approximately 10,200 kg CO2e. Over the years, Antofagasta has seen fluctuations in its emissions. For instance, in 2022, the total emissions were about 1,303,020,000 kg CO2e, with Scope 1 emissions at approximately 1,113,581,000 kg CO2e and Scope 2 emissions at about 95,953,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. The emissions intensity for copper production has varied, with the most recent data showing an intensity of about 1,690 kg CO2e per tonne of copper produced in 2023. This reflects ongoing efforts to monitor and manage emissions, although no formal reduction targets have been established. Overall, while Antofagasta Minerals has made strides in tracking its carbon footprint, the absence of defined reduction targets suggests that further commitments may be necessary to align with industry standards for climate action.

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Add to project
201520162017201820192020202120222023
Scope 1
578,119,000
000,000,000
000,000,000
0,000,000,000
00,000
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
0,000,000,000
000,000,000
00,000,000
00,000
Scope 3
-
-
-
0,000,000,000
00,000
00,000
0,000,000,000
0,000,000,000
00,000

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Antofagasta Minerals's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., 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 Minerals is headquartered in CL, which has a rank of medium, indicating medium 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 Minerals 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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