Capricorn Metals
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 30 is higher than 85% 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 reported total carbon emissions of approximately 79,701,000 kg CO2e, with the majority of these emissions classified under Scope 1 at about 79,684,000 kg CO2e. Scope 2 emissions were significantly lower, at around 17,000 kg CO2e. For the following year, 2024, total emissions increased to approximately 92,474,000 kg CO2e, with Scope 1 emissions rising to about 92,461,000 kg CO2e and Scope 2 emissions decreasing to approximately 13,000 kg CO2e. Despite the increase in total emissions from 2023 to 2024, Capricorn Metals has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the mining industry faces increasing scrutiny regarding environmental impacts, Capricorn Metals will need to consider establishing clear climate commitments to align with industry standards and stakeholder expectations.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 79,684,000 | 00,000,000 |
| Scope 2 | 17,000 | 00,000 |
| 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.
Capricorn Metals is not participating in any of the initiatives that 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.
