Dundee Precious Metals Sustainability Profile
Dundee Precious Metals Inc. is a prominent Canadian-based mining company, headquartered in Toronto, Ontario. Established in 1994, the company has made significant strides in the mining industry, focusing primarily on gold and copper production. With major operational regions in Bulgaria and Namibia, Dundee Precious Metals has built a reputation for its commitment to sustainable mining practices and community engagement. The company’s core offerings include high-quality gold and copper concentrates, distinguished by their low environmental impact and adherence to rigorous safety standards. Dundee Precious Metals has achieved notable milestones, including the successful development of its Chelopech and Krumovgrad mines, positioning itself as a leader in the precious metals sector. With a strong emphasis on innovation and sustainability, Dundee Precious Metals continues to enhance its market position while contributing positively to the communities in which it operates.
DitchCarbon Score
How does Dundee Precious Metals'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
Dundee Precious Metals's score of 40 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dundee Precious Metals's reported carbon emissions
In 2024, Dundee Precious Metals reported total carbon emissions of approximately 16664000 kg CO2e for Scope 1, 52070000 kg CO2e for Scope 2, and a significant 423400000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included notable contributions from the processing of sold products (247993000 kg CO2e) and purchased goods and services (103696000 kg CO2e). Comparatively, in 2023, the company recorded Scope 1 emissions of about 16399000 kg CO2e, Scope 2 emissions of 50576000 kg CO2e, and Scope 3 emissions of 598728000 kg CO2e, indicating a slight reduction in Scope 1 and 2 emissions but an increase in Scope 3 emissions year-on-year. Dundee Precious Metals has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it made any formal climate pledges. The company’s emissions data is sourced directly from Dundee Precious Metals Inc., with no cascading from a parent organization. Overall, while the company has made strides in tracking its emissions across all scopes, it currently lacks defined reduction initiatives or targets to mitigate its carbon footprint effectively.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,367,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 54,907,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 48,695,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Dundee Precious Metals's Industry?
How Carbon Intensive is Dundee Precious Metals's Location?
Dundee Precious Metals's Scope 3 Categories Breakdown
Dundee Precious Metals's Scope 3 emissions, which decreased by 29% last year and increased by approximately 769% since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 1584% of Scope 3 emissions.
Top Scope 3 Categories
Dundee Precious Metals'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.
Dundee Precious Metals 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.
