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 37 is higher than 90% 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 reported total carbon emissions of approximately 2,036,000,000 kg CO2e. This includes Scope 1 emissions of about 1,216,142,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 1,429,896,000 kg CO2e. Additionally, Scope 3 emissions were around 700,480,000 kg CO2e, with significant contributions from the processing of sold products and purchased goods and services. Fresnillo's emissions have shown fluctuations over the years. For instance, in 2022, total emissions were about 1,968,000,000 kg CO2e, with Scope 1 at approximately 1,200,400,000 kg CO2e and Scope 2 at around 1,424,499,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Overall, while Fresnillo has made strides in tracking and reporting its emissions across all three scopes, the absence of defined reduction targets suggests that further action may be necessary to align with global climate goals.
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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 |
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.
