Grey Wolf Exploration Inc. Sustainability Profile
Grey Wolf Exploration Inc., headquartered in California, is a prominent player in the natural resources sector, specialising in mineral exploration and development. Founded in 2005, the company has established a strong presence in key operational regions across North America, focusing on the discovery and extraction of valuable minerals. With a commitment to innovative exploration techniques and sustainable practices, Grey Wolf Exploration Inc. offers unique services that set it apart in the industry. The company has achieved significant milestones, including successful drilling programmes and strategic partnerships that enhance its market position. Renowned for its expertise in resource evaluation, Grey Wolf Exploration Inc. continues to drive advancements in mineral exploration, making it a trusted name among investors and stakeholders in the mining sector.
DitchCarbon Score
How does Grey Wolf Exploration Inc.'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 Crude Oil Extraction 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
Grey Wolf Exploration Inc.'s score of 11 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grey Wolf Exploration Inc.'s reported carbon emissions
In 2023, Grey Wolf Exploration Inc. reported total carbon emissions of approximately 17,809,000 kg CO2e, with Scope 1 emissions accounting for about 4,899,000 kg CO2e and Scope 2 emissions at approximately 12,909,000 kg CO2e. This represents a slight increase from 2022, when total emissions were about 15,344,800 kg CO2e, with Scope 1 emissions of approximately 6,168,800 kg CO2e and Scope 2 emissions of around 9,175,900 kg CO2e. In 2021, the company reported total emissions of about 17,674,600 kg CO2e, with Scope 1 at approximately 7,052,300 kg CO2e and Scope 2 at about 10,622,400 kg CO2e. Despite these figures, Grey Wolf Exploration Inc. has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, with the performance sources directly attributed to Grey Wolf Exploration Inc. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. The emissions intensity for the steel category, based on the combined Scope 1 and 2 emissions, is approximately 3,680 kg CO2e per tonne of cobalt produced in 2023. Overall, while Grey Wolf Exploration Inc. has made strides in transparency regarding its emissions, the lack of defined reduction targets highlights an area for potential improvement in its climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,052,300 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,622,400 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Grey Wolf Exploration Inc.'s Industry?
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Grey Wolf Exploration Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Grey Wolf Exploration Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
