First Majestic Silver
First Majestic Silver Corp., commonly referred to as First Majestic, is a prominent player in the mining sector, headquartered in California. Established in 2002, the company has carved a niche in the extraction of chemical and fertiliser minerals, salt, and other mining and quarrying products not elsewhere classified (n.e.c.). With major operations primarily in Mexico, First Majestic focuses on silver production, offering a range of unique products that stand out for their quality and sustainability.
Over the years, First Majestic has achieved significant milestones, including the acquisition of several key mining assets, which have bolstered its market position. Renowned for its commitment to responsible mining practices, the company has garnered recognition for its innovative approaches and operational efficiency, solidifying its status as a leader in the silver mining industry.
+1 vs industry average
First Majestic Silver’s score of 19 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
First Majestic Silver's reported carbon emissions
First Majestic Silver, a mining and quarrying company headquartered in CA, has reported its carbon emissions for several years. In 2024, the company recorded total Scope 1 and 2 emissions of approximately 62,537,000 kg CO2e. This comprised about 38,980,000 kg CO2e from Scope 1 and approximately 23,558,000 kg CO2e from Scope 2. In the preceding year, 2023, First Majestic Silver's Scope 1 and 2 emissions totalled approximately 96,048,000 kg CO2e, with Scope 1 contributing about 54,678,000 kg CO2e and Scope 2 around 41,370,000 kg CO2e. Looking back, in 2022, Scope 1 and 2 emissions were approximately 155,757,000 kg CO2e, with Scope 1 at about 93,912,000 kg CO2e and Scope 2 at approximately 61,845,000 kg CO2e. For 2021, the company reported Scope 1 and 2 emissions of about 83,685,000 kg CO2e (Scope 1: 61,622,000 kg CO2e; Scope 2: 22,063,000 kg CO2e). In 2020, total Scope 1 and 2 emissions were approximately 80,116,000 kg CO2e (Scope 1: 59,212,000 kg CO2e; Scope 2: 20,904,000 kg CO2e). In 2019, Scope 1 and 2 emissions were approximately 112,626,000 kg CO2e (Scope 1: 73,135,000 kg CO2e; Scope 2: 39,491,000 kg CO2e). First Majestic Silver's emissions data currently covers Scope 1 and Scope 2. Scope 3 emissions, specifically purchased goods and services, are listed as missing data points. The company has not disclosed specific reduction targets or commitments to science-based initiatives such as SBTi, RE100, or the Climate Pledge. Their sustainability reports provide production emission factors, such as carbon emissions per tonne of ore processed or per tonne of ORES, SLAG AND ASH, indicating an awareness of environmental impact within their operational context.
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First Majestic Silver’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for First Majestic Silver yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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