Avanco Resources Limited Sustainability Profile
Avanco Resources Limited, commonly referred to as Avanco, is a prominent player in the mining and resources sector, headquartered in Australia. Established in 2010, the company has made significant strides in the exploration and development of mineral resources, particularly in Brazil, where it operates key projects. Avanco focuses on copper and gold mining, offering unique products that stand out due to their high-grade quality and sustainable extraction methods. The company has achieved notable milestones, including the successful development of its flagship Antas project, which has positioned it as a competitive entity in the global mining landscape. With a commitment to responsible mining practices and community engagement, Avanco Resources Limited continues to enhance its market position, contributing to the growth of the mining industry while prioritising environmental stewardship.
DitchCarbon Score
How does Avanco Resources Limited'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 Lead, Zinc, and Tin Processing 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
Avanco Resources Limited's score of 13 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avanco Resources Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Avanco Resources Limited and inherits its climate commitments and performance data from its parent organisation, OZ Minerals Limited, at a cascade level of 2. While Avanco Resources Limited does not have its own documented reduction targets or specific climate pledges, it is aligned with the broader initiatives of its parent company. OZ Minerals Limited has been actively engaged in climate action and sustainability efforts, which may influence Avanco's strategic direction in managing carbon emissions. As part of its corporate family, Avanco Resources Limited is expected to adhere to the climate commitments and performance standards set by its parent company, including any relevant targets cascaded from BHP Group Limited at a cascade level of 4. However, specific details regarding these targets or achievements are not available at this time. In summary, while Avanco Resources Limited does not currently report its own emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action and sustainability, drawing on the initiatives and performance of its parent organisations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 180,290,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 199,209,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
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Avanco Resources Limited'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.
Avanco Resources Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
