Eldorado Gold
Eldorado Gold Corporation, commonly referred to as Eldorado Gold, is a prominent Canadian gold mining company headquartered in Vancouver, British Columbia. Founded in 1992, the company has established itself as a key player in the mining industry, with significant operations in Greece, Turkey, and Canada. Eldorado Gold focuses on the exploration, development, and production of gold, silver, and other precious metals, utilising innovative techniques that enhance efficiency and sustainability. The company is recognised for its commitment to responsible mining practices and has achieved notable milestones, including the successful development of several high-quality mining projects. With a strong market position, Eldorado Gold continues to expand its portfolio, leveraging its expertise to deliver value to shareholders while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Eldorado 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 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
Eldorado Gold's score of 40 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eldorado Gold's reported carbon emissions
In 2023, Eldorado Gold reported total carbon emissions of approximately 99,450,000 kg CO2e, with Scope 1 emissions at about 113,000,000 kg CO2e and Scope 2 emissions at approximately 89,294,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. This near-term target reflects a significant commitment to mitigating their carbon footprint. Eldorado Gold has also established long-term net-zero targets across all scopes, with a timeline extending to 2050. The company is actively working towards these goals, demonstrating a proactive approach to climate change and sustainability within the mining industry. In previous years, Eldorado's emissions were notably higher, with total emissions of about 94,431,000 kg CO2e in 2022 and 121,571,000 kg CO2e in 2021, indicating a trend towards reducing their overall emissions. The company’s efforts align with industry standards for climate action, showcasing their dedication to environmental responsibility.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 67,268,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 98,366,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,154,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
Eldorado Gold is participating in some 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.
