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OrganisationsFirst Majestic Silver
First Majestic Silver logo

First Majestic Silver

Salt and Mineral MiningCanadaNYSE: AG
Last verified 11 days agofirstmajestic.com

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.

19
DitchCarbon score

+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

High

Salt and Mineral Mining has above-average carbon intensity

Industry performance

0.241
20192025

The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
First Majestic Silver logoFirst Majestic Silver
CASalt and Mineral Mining
11 days ago
19
Goldcorp Incorporated logoGoldcorp Incorporated
CAPrecious Metal Production
4 days ago
58
View
Pan American Silver logoPan American Silver
CASalt and Mineral Mining
20 days ago
48
View
Hochschild Mining logoHochschild Mining
GBSalt and Mineral Mining
23 hours ago
35
View
Enav logoEnav
ITBusiness Services
3 days ago
34
View
OceanaGold logoOceanaGold
NZMetal Fabrication
4 days ago
32
View
Dundee Precious Metals logoDundee Precious Metals
CAPrecious Metal Mining
15 days ago
27
View

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