Centerra Gold
Centerra Gold Inc., a prominent player in the mining industry, is headquartered in Canada and operates major projects in North America, including the United States and Canada, as well as internationally in countries such as Kyrgyzstan and Turkey. Founded in 2004, the company has established itself as a leader in gold production, focusing on the exploration, development, and operation of gold mines. Centerra Gold is renowned for its commitment to sustainable mining practices and its innovative approach to resource extraction. The company’s core offerings include gold and copper production, with a strong emphasis on environmental stewardship and community engagement. Notable achievements include significant production milestones and a robust portfolio of operating mines, positioning Centerra Gold as a key player in the global gold market.
DitchCarbon Score
How does Centerra Gold'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
Centerra Gold's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Centerra Gold's reported carbon emissions
In 2023, Centerra Gold reported total greenhouse gas emissions of approximately 107,384,000 kg CO2e for Scope 1, 33,790,000 kg CO2e for Scope 2, and 155,200,000 kg CO2e for Scope 3 emissions. This represents a significant portion of their overall emissions profile, with Scope 3 emissions primarily driven by purchased goods and services (about 86,250,000 kg CO2e) and downstream transportation and distribution (approximately 41,159,000 kg CO2e). Centerra Gold has set ambitious climate commitments, aiming for net-zero emissions by 2050, in alignment with Canada's commitment under the Paris Agreement to reduce GHG emissions by 40% to 45% below 2005 levels by 2030. The company has identified 11 climate-related transition risks and opportunities, assessing various climate hazards over different time horizons. Notably, in 2023, Centerra Gold achieved a reduction in emissions intensity per ounce of gold produced at its main operating sites, Mount Milligan and Öksüt, decreasing by nearly 21% from 0.28 tCO2e/oz in 2022 to 0.22 tCO2e/oz. This reduction reflects their ongoing efforts to enhance energy efficiency and reduce specific energy consumption. Overall, Centerra Gold's emissions data and climate commitments underscore their proactive approach to addressing climate change and reducing their carbon footprint in the mining industry.
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| 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 59,004,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,606,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 000,000,000 | - | - | - | - | 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.
Centerra Gold 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.
