First Quantum Minerals

First Quantum Minerals, a copper ore and concentrate producer headquartered in Canada, reported substantial carbon emissions across Scope 1, 2, and 3 for its reporting year 2025. The company's total emissions for this period were approximately 1.93 billion kg CO2e. Broken down, Scope 1 emissions stood at about 1.59 billion kg CO2e, Scope 2 at approximately 555 million kg CO2e, and Scope 3 at roughly 1.93 billion kg CO2e. Key contributors to its Scope 3 emissions include purchased goods and services, accounting for about 1.03 billion kg CO2e, followed by fuel and energy-related activities at approximately 369 million kg CO2e, and processing of sold products at about 378 million kg CO2e.

For the preceding year, 2024, First Quantum Minerals reported total emissions of approximately 1.93 billion kg CO2e. Scope 1 emissions were around 1.70 billion kg CO2e, Scope 2 at approximately 729 million kg CO2e, and Scope 3 at about 1.93 billion kg CO2e.

The company has established several climate commitments, aiming for a 30% reduction in absolute greenhouse gas (GHG) emissions by 2025, based on 2020 levels. Furthermore, First Quantum Minerals has a longer-term goal to reduce its absolute Scope 1 and 2 GHG emissions by 50% by 2035, contingent on the decarbonisation of power at its operational sites. This commitment also extends to a 50% reduction in the GHG intensity of copper produced by 2030. The company also reports specific upstream categories for Scope 3, including purchased goods and services, fuel and energy-related activities, and downstream transportation and distribution.