Fortuna Silver Mines Inc., commonly referred to as Fortuna, is a prominent player in the mining industry, headquartered in Vancouver, Canada. Founded in 2005, the company has established a strong presence in Latin America, with significant operations in Peru, Mexico, and Argentina. Fortuna focuses on the exploration, extraction, and processing of silver and gold, offering unique products that cater to the growing demand for precious metals. With a commitment to sustainable mining practices, Fortuna has achieved notable milestones, including the successful development of several high-grade silver and gold mines. The company is recognised for its operational excellence and has garnered a solid market position, making it a trusted name in the mining sector. Fortuna's dedication to innovation and responsible resource management sets it apart in an increasingly competitive landscape.
How does Fortuna Silver Mines'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.
Mean score of companies in the Salt and Mineral Mining 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.
Fortuna Silver Mines's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Fortuna Silver Mines reported total carbon emissions of approximately 119,698,000 kg CO2e for Scope 1 and 54,486,000 kg CO2e for Scope 2, resulting in a combined total of about 174,184,000 kg CO2e. This marks a significant increase from 2023, where emissions were approximately 88,902,000 kg CO2e for Scope 1 and 46,358,000 kg CO2e for Scope 2, totalling around 135,260,000 kg CO2e. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past several years, with emissions for 2022 at approximately 81,018,000 kg CO2e (Scope 1) and 47,154,000 kg CO2e (Scope 2). Notably, emissions for 2021 were about 94,025,000 kg CO2e (Scope 1) and 52,800,000 kg CO2e (Scope 2), indicating a trend of increasing emissions in recent years. Despite the lack of specific reduction targets or initiatives outlined in their reports, Fortuna Silver Mines is committed to transparency in its emissions reporting. The company does not currently have any emissions data cascaded from a parent organization, and it has not set any Science-Based Targets Initiative (SBTi) reduction targets. Overall, Fortuna Silver Mines continues to monitor and report its carbon emissions, reflecting its engagement with climate accountability, although it has yet to establish formal reduction commitments.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 21,900,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 60,449,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | - |
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.
Fortuna Silver Mines is not participating in any of the initiatives that 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.