Capricorn Metals Sustainability Profile
Capricorn Metals Ltd, commonly referred to as Capricorn Metals, is a prominent player in the Australian mining industry, headquartered in Perth, Western Australia. Founded in 2016, the company has quickly established itself in the gold exploration and production sector, focusing primarily on the development of its flagship Karlawinda Gold Project located in the Pilbara region. With a commitment to sustainable mining practices, Capricorn Metals offers high-quality gold production, leveraging advanced technologies and innovative methodologies. The company has achieved significant milestones, including successful resource expansions and strategic partnerships, positioning itself as a competitive force in the market. Capricorn Metals is dedicated to delivering value to its stakeholders while maintaining a strong focus on environmental stewardship and community engagement.
DitchCarbon Score
How does Capricorn Metals'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 Business Services 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
Capricorn Metals's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capricorn Metals's reported carbon emissions
In 2023, Capricorn Metals, headquartered in Australia, reported total emissions of approximately 79,701,000 kg CO2e. This figure comprises 79,684,000 kg CO2e from Scope 1 emissions and 17,000 kg CO2e from Scope 2 emissions. Notably, no data was disclosed for Scope 3 emissions. Currently, Capricorn Metals has not established any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company is classified as a current subsidiary of Capricorn Metals Ltd, which may influence its emissions reporting and climate strategies. As the industry increasingly prioritises sustainability, Capricorn Metals's lack of defined climate commitments may present challenges in aligning with broader environmental goals. The company will need to consider developing robust climate strategies to enhance its environmental performance and meet stakeholder expectations.
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| 2023 | |
|---|---|
| Scope 1 | 79,684,000 |
| Scope 2 | 17,000 |
| Scope 3 | - |
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Capricorn Metals'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.
Capricorn Metals 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.
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