Grange Resources
Grange Resources Limited, commonly referred to as Grange Resources, is a prominent player in the Australian mining industry, headquartered in Tasmania, Australia. Founded in 1965, the company has established itself as a leader in iron ore production, particularly through its flagship project, the Savage River mine, located in the northwest of Tasmania. Grange Resources is renowned for its high-quality iron ore pellets and concentrates, which are essential for steel manufacturing. The company’s commitment to sustainable practices and innovative processing techniques sets it apart in a competitive market. With a strong focus on operational efficiency and environmental responsibility, Grange Resources has achieved significant milestones, solidifying its position as a key supplier in the global iron ore sector.
DitchCarbon Score
How does Grange Resources'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 Iron Ores 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
Grange Resources's score of 3 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grange Resources's reported carbon emissions
In 2023, Grange Resources reported total Scope 1 emissions of approximately 1,056,965,000 kg CO2e. This marks a significant increase from 2021, when the company recorded Scope 1 emissions of about 215,061,000 kg CO2e, alongside Scope 2 emissions of approximately 40,602,000 kg CO2e. The substantial rise in emissions over the two years indicates a shift in operational scale or production intensity. Grange Resources has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. The company’s production emissions are reported at about 0.12 tonnes CO2e per metric ton of pellet production, reflecting their operational efficiency in terms of emissions relative to output. However, without clear reduction commitments or initiatives, it remains to be seen how Grange Resources plans to address its carbon footprint moving forward. Overall, while Grange Resources has made strides in understanding its emissions profile, the lack of reduction targets and initiatives highlights an area for potential growth in their climate strategy.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 215,061,000 | 0,000,000,000 |
| Scope 2 | 40,602,000 | - |
| Scope 3 | - | - |
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.
Grange Resources 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.
