Bannerman Energy Ltd
Bannerman Energy Ltd, a prominent player in the uranium sector, is headquartered in Australia and primarily operates in Namibia, a key region for its mining activities. Founded in 2006, the company has made significant strides in the exploration and development of uranium resources, focusing on sustainable practices and innovative technologies. Bannerman Energy is renowned for its flagship project, the Etango Uranium Project, which stands out due to its large-scale potential and strategic location. The company is committed to delivering high-quality uranium products that meet the growing global demand for clean energy solutions. With a strong market position, Bannerman Energy has achieved notable milestones, including successful resource upgrades and partnerships that enhance its operational capabilities.
DitchCarbon Score
How does Bannerman Energy Ltd'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
Bannerman Energy Ltd's score of 4 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bannerman Energy Ltd's reported carbon emissions
In 2023, Bannerman Energy Ltd reported total carbon emissions of approximately 76,615,000 kg CO2e, which includes 50,975,000 kg CO2e from Scope 1 emissions and 25,640,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, Bannerman Energy has not set specific reduction targets or initiatives as part of their climate commitments. This lack of defined reduction strategies may reflect the broader context of the energy sector, where companies are increasingly under pressure to enhance sustainability practices and reduce greenhouse gas emissions. Bannerman Energy's operations, particularly in uranium production, are subject to scrutiny regarding their environmental impact. The company has reported a GHG emission rate of approximately 64.6 kg CO2e per pound of U3O8 produced, alongside a Scope 2 emission rate of about 312.7 kg CO2e per MWh of electricity supplied to their Etango project. As the industry evolves, Bannerman Energy's future climate commitments and potential reduction strategies will be critical in aligning with global sustainability goals.
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| 2023 | |
|---|---|
| Scope 1 | 50,975,000 |
| Scope 2 | 25,640,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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.
Bannerman Energy Ltd 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.
