Caledonia Mining
Caledonia Mining Corporation Plc, commonly referred to as Caledonia Mining, is a prominent player in the mining industry, headquartered in California, USA. Founded in 1983, the company has established a strong operational presence in Zimbabwe, primarily focusing on gold production. Caledonia Mining is renowned for its flagship asset, the Blanket Mine, which has consistently delivered high-grade gold and positioned the company as a significant contributor to the local economy. With a commitment to sustainable mining practices, Caledonia has achieved notable milestones, including a successful transition to a dividend-paying company, reflecting its robust financial health and market position. Through its innovative approach and dedication to operational excellence, Caledonia Mining continues to enhance its reputation as a leader in the gold mining sector.
DitchCarbon Score
How does Caledonia Mining'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 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
Caledonia Mining's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Caledonia Mining's reported carbon emissions
In 2023, Caledonia Mining reported total carbon emissions of approximately 60,000,000 kg CO2e from Scope 1 and 2 sources, alongside about 2,541,000 kg CO2e from Scope 3 emissions. This marked an increase in Scope 1 and 2 emissions compared to 2022, where they were approximately 50,000,000 kg CO2e, while Scope 3 emissions were about 3,435,000 kg CO2e. The company's emissions intensity for Scope 1 and 2 was approximately 550 kg CO2e per ounce of gold produced in 2023, a reduction from 600 kg CO2e in 2022 and 680 kg CO2e in 2021. This indicates a positive trend in emissions efficiency despite the overall increase in emissions. Caledonia Mining has not disclosed specific reduction targets or initiatives as part of their climate commitments, which suggests a need for further transparency in their sustainability strategy. The absence of defined reduction targets may limit their ability to align with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,531,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 28,821,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
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.
Caledonia Mining 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.
