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 30 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fresnillo's reported carbon emissions
In 2023, Fresnillo, headquartered in Mexico (MX), reported total carbon emissions of approximately 2,121,000,000 kg CO2e. This figure includes 1,216,142,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,429,896,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions totalled approximately 700,480,000 kg CO2e, covering various indirect emissions, including those from investments and the processing of sold products. Fresnillo has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The company’s emissions intensity, measured as greenhouse gas (GHG) emissions per tonne of mineral processed, was approximately 874 kg CO2e in 2023. This indicates a focus on monitoring emissions but lacks defined commitments to reduction strategies or targets. Overall, while Fresnillo provides detailed emissions data across multiple scopes, it currently does not have publicly stated reduction targets or climate pledges, highlighting an area for potential improvement in its sustainability strategy.
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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 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,070,498,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 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 committed to any reduction initiatives 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.
