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 40 is higher than 68% 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 469,146,000 kg CO2e from Scope 1 emissions, 355,241,000 kg CO2e from Scope 2 emissions, and 700,480,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass significant categories such as processing of sold products (456,390,000 kg CO2e) and purchased goods and services (157,073,000 kg CO2e). Comparatively, in 2022, Fresnillo's total emissions were about 1,982,312,000 kg CO2e, with Scope 1 emissions at 545,970,000 kg CO2e, Scope 2 emissions at 422,279,000 kg CO2e, and Scope 3 emissions at 713,043,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Fresnillo's emissions data is cascaded from its parent company, Fresnillo plc, which is responsible for the overall climate strategy and reporting. However, there are currently no specific reduction targets or climate pledges documented for Fresnillo, indicating a potential area for future commitment. The company has disclosed emissions across all three scopes, demonstrating transparency in its reporting practices. The GHG intensity for the processing of ores, slag, and ash is reported at approximately 24.8 tonnes CO2e per tonne processed in 2023, reflecting the company's operational impact on climate change.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 476,420,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,070,498,000 | 0,000,000,000 | 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.
