Centamin
Centamin PLC, a prominent gold mining company, is headquartered in Jersey (JE) and operates primarily in Egypt, where it has established a significant presence in the mineral exploration and extraction industry. Founded in 2009, Centamin has achieved notable milestones, including the successful development of the Sukari Gold Mine, which is Egypt's first large-scale modern gold mine. Specialising in gold production, Centamin is recognised for its commitment to sustainable mining practices and operational excellence. The company’s unique approach combines advanced technology with a focus on environmental stewardship, setting it apart in the competitive mining sector. With a strong market position, Centamin has consistently delivered impressive financial results, solidifying its reputation as a leader in the gold mining industry.
DitchCarbon Score
How does Centamin'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 Precious Metal 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
Centamin's score of 21 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Centamin's reported carbon emissions
In 2022, Centamin reported total carbon emissions of approximately 1,701,817,000 kg CO2e. This figure includes Scope 1 emissions of about 505,486,000 kg CO2e and Scope 3 emissions of approximately 1,196,331,000 kg CO2e. Notably, there were no reported Scope 2 emissions for the year. Comparatively, in 2021, Centamin's total emissions were about 1,701,693,000 kg CO2e, with Scope 1 emissions at approximately 484,081,000 kg CO2e and Scope 3 emissions around 1,217,612,000 kg CO2e. The trend shows a slight increase in total emissions from 2021 to 2022. Centamin has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported emissions intensity metrics, indicating that their emissions intensity for Scope 1 and 2 combined was 1,150 kg CO2e per ounce of gold produced in 2022, while the intensity across all scopes was 3,860 kg CO2e per ounce of gold produced. The company is headquartered in Jersey (JE) and continues to monitor and report its carbon emissions as part of its sustainability efforts.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 498,844,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 925,892,000 | 0,000,000,000 | 0,000,000,000 |
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.
Centamin 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.
