Discovery Silver Sustainability Profile
Discovery Silver Corp, commonly referred to as Discovery Silver, is a prominent player in the mining industry, headquartered in California. Founded in 2010, the company has rapidly established itself as a leader in silver exploration and development, particularly in the Americas, with a focus on its flagship project, the Cordero silver deposit in Mexico. Specialising in the discovery and advancement of high-quality silver resources, Discovery Silver is committed to sustainable mining practices. The company’s innovative approach to exploration and its strategic partnerships have positioned it favourably within the competitive landscape. Notable achievements include significant resource expansions and positive feasibility studies, underscoring its potential for growth and profitability in the silver market. With a strong emphasis on environmental stewardship, Discovery Silver continues to set itself apart in the industry.
DitchCarbon Score
How does Discovery Silver'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
Discovery Silver's score of 36 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Discovery Silver's reported carbon emissions
In 2023, Discovery Silver reported total carbon emissions of approximately 1,228,480 kg CO2e. This figure includes Scope 1 emissions of about 381,740 kg CO2e, Scope 2 emissions of approximately 13,840 kg CO2e, and significant Scope 3 emissions amounting to about 832,900 kg CO2e. Comparatively, in 2022, the company's total emissions were about 1,692,770 kg CO2e, with Scope 1 at approximately 411,370 kg CO2e, Scope 2 at about 2,600 kg CO2e, and Scope 3 emissions reaching around 1,278,790 kg CO2e. This indicates a reduction in total emissions of about 464,290 kg CO2e from 2022 to 2023. In 2021, Discovery Silver's total emissions were approximately 1,733,380 kg CO2e, with Scope 1 emissions of about 309,600 kg CO2e, Scope 2 at around 4,000 kg CO2e, and Scope 3 emissions of approximately 1,419,780 kg CO2e. The company also reported total emissions of about 167,160 kg CO2e in 2020, with Scope 1 emissions of approximately 158,650 kg CO2e, Scope 2 at about 580 kg CO2e, and Scope 3 emissions of around 7,930 kg CO2e. Despite these figures, Discovery Silver has not set specific reduction targets or climate pledges, nor does it appear to have cascaded emissions data from a parent organisation. The company is committed to monitoring and reporting its emissions, aligning with industry standards for transparency and accountability in climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 158,650 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 580 | 0,000 | 0,000 | 00,000 |
| Scope 3 | 7,930 | 0,000,000 | 0,000,000 | 000,000 |
How Carbon Intensive is Discovery Silver's Industry?
How Carbon Intensive is Discovery Silver's Location?
Discovery Silver'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.
Discovery Silver has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
