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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.
+26 vs industry average
First Majestic Silver’s score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Salt and Mineral Mining has above-average carbon intensity
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
First Majestic Silver, headquartered in Canada, operates in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry.
In 2025, First Majestic Silver reported total Scope 1 emissions of 50,014,000 kg CO2e, Scope 2 emissions of 27,237,000 kg CO2e, and Scope 3 emissions of 110,658,000 kg CO2e. The Scope 3 emissions include approximately 531,000 kg CO2e from business travel and about 110,127,000 kg CO2e from purchased goods and services.
Looking back to 2024, the company's Scope 1 emissions were 38,980,000 kg CO2e, Scope 2 emissions were 23,558,000 kg CO2e, and Scope 3 emissions totalled 86,674,000 kg CO2e. Of the 2024 Scope 3 emissions, about 555,000 kg CO2e were attributed to business travel and approximately 86,119,000 kg CO2e to purchased goods and services.
In 2023, First Majestic Silver's Scope 1 emissions were 54,678,000 kg CO2e, Scope 2 emissions were 41,370,000 kg CO2e, and Scope 3 emissions from purchased goods and services were 209,662,000 kg CO2e.
For 2022, Scope 1 emissions were 93,912,000 kg CO2e, Scope 2 emissions were 61,845,000 kg CO2e, and Scope 3 emissions from purchased goods and services were 284,499,000 kg CO2e.
In 2021, the company's Scope 1 emissions were 61,622,000 kg CO2e, Scope 2 emissions were 22,063,000 kg CO2e, and Scope 3 emissions from purchased goods and services were 156,025,000 kg CO2e.
In 2020, First Majestic Silver reported Scope 1 emissions of 59,212,000 kg CO2e and Scope 2 emissions of 20,904,000 kg CO2e. Scope 3 data for 2020 was not provided, specifically for purchased goods and services.
For 2019, Scope 1 emissions stood at 73,135,000 kg CO2e and Scope 2 emissions at 39,491,000 kg CO2e. Scope 3 data for 2019 was not provided, particularly for purchased goods and services.
First Majestic Silver does not have any publicly available reduction targets or commitments, including Science Based Targets (SBTi) or a Climate Pledge. The emissions performance data is directly reported by First Majestic Silver Corp.
No climate goals have been disclosed for First Majestic Silver yet.
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