Public Profile

Discovery Silver

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.

28

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.

16

Industry Benchmark

Discovery Silver's score of 28 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Discovery Silver's reported carbon emissions

In 2023, Discovery Silver reported total carbon emissions of approximately 1,228,480 kg CO2e. This figure includes 381,740 kg CO2e from Scope 1 emissions, 13,840 kg CO2e from Scope 2 emissions, and 832,900 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over the years, with a total of about 1,692,770 kg CO2e in 2022, 1,733,380 kg CO2e in 2021, and 167,160 kg CO2e in 2020. Notably, the Scope 1 emissions increased from 309,600 kg CO2e in 2021 to 411,370 kg CO2e in 2022, before slightly decreasing in 2023. Despite these figures, Discovery Silver has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. Overall, while Discovery Silver is actively reporting its emissions, the lack of clear reduction commitments may impact its long-term climate strategy and stakeholder perceptions.

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2020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Discovery Silver's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Discovery Silver is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Discovery Silver is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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