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.
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 33 is higher than 62% 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 emissions 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 emissions of 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 at approximately 158,650 kg CO2e, Scope 2 at about 580 kg CO2e, and Scope 3 at around 7,930 kg CO2e. Despite these figures, Discovery Silver has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation. Overall, Discovery Silver's emissions data reflects a commitment to monitoring and potentially reducing their carbon footprint, although specific reduction strategies or targets have yet to be established.
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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 |
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.
Discovery Silver 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.
