Argonaut Gold Inc. Sustainability Profile
Argonaut Gold Inc., a prominent player in the mining industry, is headquartered in California, with significant operations in North America, particularly in Mexico and the United States. Founded in 2007, the company has established itself as a leading gold producer, focusing on the exploration, development, and operation of gold mines. Argonaut Gold is renowned for its commitment to sustainable mining practices and operational excellence, offering a diverse portfolio of gold-related products and services. The company’s unique approach to resource extraction and its strategic acquisitions have positioned it favourably within the competitive landscape. With a strong emphasis on growth and innovation, Argonaut Gold continues to achieve notable milestones, reinforcing its status as a key player in the global gold market.
DitchCarbon Score
How does Argonaut Gold Inc.'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 Precious Metal Production 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
Argonaut Gold Inc.'s score of 29 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Argonaut Gold Inc. does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is classified as a merged entity, inheriting its climate commitments and performance metrics from Alamos Gold Inc. at a cascade level of 1. Currently, Argonaut Gold Inc. has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. This absence of specific targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the mining industry, where carbon emissions can be significant, it is crucial for companies like Argonaut Gold Inc. to adopt robust climate commitments and transparent reporting practices. This would not only align with global sustainability goals but also enhance their operational resilience in a rapidly changing regulatory environment.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 148,255,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 20,592,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 |
How Carbon Intensive is Argonaut Gold Inc.'s Industry?
How Carbon Intensive is Argonaut Gold Inc.'s Location?
Argonaut Gold Inc.'s Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
Top Scope 3 Categories
Argonaut Gold Inc.'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.
Argonaut Gold Inc. 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.
