Antofagasta Minerals Sustainability Profile
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 53% 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, with Scope 1 emissions totalling approximately 1,188,386,000 kg CO2e and Scope 2 emissions amounting to about 16,000 kg CO2e (market-based) and 793,447,000 kg CO2e (location-based). The combined total for Scope 1 and Scope 2 emissions reached approximately 1,188,402,000 kg CO2e (market-based) and 1,981,833,000 kg CO2e (location-based). The company has not disclosed any Scope 3 emissions data for 2023. However, in 2022, Antofagasta Minerals reported Scope 3 emissions of approximately 5,692,874,000 kg CO2e, indicating a substantial carbon footprint across its value chain. Antofagasta Minerals has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented SBTi (Science Based Targets initiative) reduction targets. The emissions data is cascaded from its parent company, Antofagasta plc, reflecting a corporate family relationship. Overall, Antofagasta Minerals is actively monitoring its emissions but currently lacks defined reduction strategies or commitments to mitigate its carbon impact.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 593,915,000 | 000,000,000 | 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 | 1,505,997,000 | 0,000,000,000 | 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 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Antofagasta Minerals's Industry?
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Antofagasta Minerals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Antofagasta Minerals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
