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.
-3 vs industry average
Fortuna Silver Mines’s score of 15 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fortuna Silver Mines's reported carbon emissions
In 2024, Fortuna Silver Mines, headquartered in Canada, reported total carbon emissions of approximately 174.6 million kg CO2e. This figure includes 119.7 million kg CO2e from Scope 1 emissions and 54.5 million kg CO2e from Scope 2 emissions. The company has consistently disclosed its emissions data for Scope 1 and Scope 2, but does not currently report on Scope 3 emissions. Over the past few years, Fortuna has demonstrated a commitment to reducing its carbon footprint. In 2023, the company recorded total emissions of about 144.9 million kg CO2e, which indicates a significant increase in emissions in 2024. However, specific reduction targets or initiatives have not been outlined in their recent disclosures, and there are no documented climate pledges or SBTi targets. Fortuna's emissions data is sourced directly from Fortuna Mining Corp., with no cascading from a parent company. The company continues to focus on transparency in its emissions reporting, although it currently lacks comprehensive strategies for addressing Scope 3 emissions.
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Fortuna Silver Mines’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Fortuna Silver Mines yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Fortuna Silver Mines
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