Fresnillo
Fresnillo plc, a leading precious metals mining company, is headquartered in Mexico (MX) and primarily operates in the rich mineral regions of Mexico and Peru. Founded in 2007, Fresnillo has quickly established itself as a key player in the mining industry, focusing on the extraction of silver and gold. The company is renowned for its high-quality silver production, leveraging advanced mining techniques and sustainable practices. Fresnillo's flagship operations include the Fresnillo and Saucito mines, which are notable for their significant contributions to the global silver market. With a strong market position, Fresnillo has achieved numerous milestones, including being the largest silver producer in Mexico. Its commitment to innovation and sustainability sets it apart in the competitive mining landscape, ensuring a robust future in the precious metals sector.
DitchCarbon Score
How does Fresnillo'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.
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.
Industry Benchmark
Fresnillo's score of 34 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fresnillo's reported carbon emissions
In 2023, Fresnillo, headquartered in Mexico (MX), reported total carbon emissions of approximately 1,824,627,000 kg CO2e. This figure includes Scope 1 emissions of about 469,146,000 kg CO2e, Scope 2 emissions of around 355,241,000 kg CO2e, and significant Scope 3 emissions totalling approximately 700,480,000 kg CO2e. The Scope 3 emissions breakdown includes investments (about 70,645,000 kg CO2e), processing of sold products (approximately 456,390,000 kg CO2e), and purchased goods and services (around 157,073,000 kg CO2e). Comparatively, in 2022, Fresnillo's total emissions were about 968,249,000 kg CO2e, with Scope 1 at approximately 545,970,000 kg CO2e and Scope 2 at around 422,279,000 kg CO2e. The Scope 3 emissions for that year were about 713,043,000 kg CO2e. Fresnillo has not disclosed specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company is a current subsidiary of Fresnillo plc, which may influence its emissions data and climate strategies. Overall, Fresnillo's emissions data reflects a significant carbon footprint, particularly in Scope 3 emissions, indicating a need for enhanced climate action and commitment to sustainability practices within the mining industry.
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| 2012 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 375,121,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 329,245,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Fresnillo 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.
