Azure Minerals Limited Sustainability Profile
Azure Minerals Limited, an Australian-based mining company, is headquartered in Perth, Western Australia. Founded in 2003, Azure Minerals has established itself in the exploration and development of mineral resources, primarily focusing on lithium and other critical minerals essential for the energy transition. With significant operations in Australia and a commitment to sustainable practices, Azure Minerals is recognised for its innovative approach to resource extraction. The company’s flagship projects, including the highly prospective Andover Lithium Project, highlight its dedication to advancing the mining sector while prioritising environmental stewardship. Azure Minerals has achieved notable milestones, positioning itself as a key player in the lithium market, which is vital for the growing electric vehicle and renewable energy industries. Through its strategic initiatives and robust portfolio, Azure Minerals continues to contribute to the future of sustainable mining.
DitchCarbon Score
How does Azure Minerals 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
Azure Minerals Limited's score of 6 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Azure Minerals Limited's reported carbon emissions
In 2022, Azure Minerals Limited reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2021, the company had significantly higher Scope 1 emissions, totalling about 533,000,000 kg CO2e, indicating a substantial reduction in this category in the following year. Despite these figures, Azure Minerals Limited has not established specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of such commitments suggests a need for further development in their climate strategy. Overall, while Azure Minerals Limited has made strides in reducing its emissions, particularly in Scope 1, the lack of comprehensive climate commitments highlights an area for potential growth in their sustainability efforts.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Azure Minerals Limited's Industry?
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Azure Minerals 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.
Azure Minerals Limited 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.
