Public Profile

First Quantum Minerals

First Quantum Minerals Ltd., commonly referred to as First Quantum, is a leading global mining company headquartered in Canada. Established in 1983, the company has grown significantly, with major operations in regions such as Africa, Australia, and South America. Specialising in the production of copper, nickel, and gold, First Quantum is renowned for its innovative mining techniques and commitment to sustainable practices. The company’s flagship projects, including the Kansanshi mine in Zambia and the Cobre Panama project, highlight its position as a key player in the mining industry. First Quantum's focus on high-quality production and operational efficiency has earned it a reputation for excellence, making it a notable contender in the global market. With a strong emphasis on environmental stewardship and community engagement, First Quantum Minerals continues to set benchmarks in the mining sector.

DitchCarbon Score

How does First Quantum Minerals'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.

21

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

First Quantum Minerals's score of 21 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

First Quantum Minerals's reported carbon emissions

In 2023, First Quantum Minerals reported total carbon emissions of approximately 3,647,000,000 kg CO2e from Scope 1, 420,000,000 kg CO2e from Scope 2, and 2,963,000,000 kg CO2e from Scope 3 emissions. This reflects a significant operational footprint, with Scope 1 emissions primarily arising from direct operations, including process emissions and stationary combustion. Over the years, First Quantum has shown fluctuations in its emissions. For instance, in 2022, the company recorded approximately 4,017,000,000 kg CO2e in Scope 1 emissions, 360,000,000 kg CO2e in Scope 2, and 3,276,000,000 kg CO2e in Scope 3. The trend indicates a complex relationship between production levels and emissions, with a notable increase in Scope 1 emissions in 2021, reaching approximately 3,829,000,000 kg CO2e. Despite the substantial emissions figures, First Quantum Minerals has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context, particularly as global pressures for sustainability and emissions reductions intensify. Overall, First Quantum Minerals' emissions data highlights the challenges faced by mining companies in balancing production demands with environmental responsibilities, underscoring the importance of developing robust climate strategies moving forward.

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Add to project
2017201820192020202120222023
Scope 1
147,100,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
10,100,000
000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
21,400,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Quantum Minerals's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. First Quantum Minerals is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

First Quantum Minerals is committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers