Public Profile

Fortuna Silver Mines

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.

DitchCarbon Score

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.

20

Industry Average

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.

17

Industry Benchmark

Fortuna Silver Mines's score of 20 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Fortuna Silver Mines's reported carbon emissions

In 2023, Fortuna Silver Mines reported total carbon emissions of approximately 144,030,000 kg CO2e, comprising 88,902,000 kg CO2e from Scope 1 and 55,128,000 kg CO2e from Scope 2 emissions. The company has disclosed emissions data across all three scopes, with significant emissions recorded in previous years as well. For instance, in 2022, total emissions were about 136,741,000 kg CO2e, while in 2021, they reached approximately 146,825,000 kg CO2e. Fortuna Silver Mines has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. The company’s emissions intensity per silver production is reported at 0.01715 kg CO2e per tonne of processed ore in 2023, reflecting their ongoing efforts to monitor and manage their carbon footprint. Overall, while Fortuna Silver Mines has made strides in tracking emissions, the absence of defined reduction targets suggests a need for more robust climate action commitments in line with industry standards.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
21,900,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
60,449,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
82,349,000
00,000,000
00,000,000
00,000,000
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fortuna Silver Mines's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is 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. This request for Fortuna Silver Mines is in CA, which has a low grid carbon intensity relative to other regions.

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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