Hellas Gold
Hellas Gold, a prominent player in the mining industry, is headquartered in Greece (GR) and primarily operates in the Halkidiki region. Founded in 2004, the company has established itself as a leader in gold and silver mining, focusing on sustainable practices and community engagement. Hellas Gold is renowned for its advanced extraction techniques and commitment to environmental stewardship, setting it apart in a competitive market. With a portfolio that includes the Skouries and Olympias projects, Hellas Gold has achieved significant milestones, including the successful development of state-of-the-art processing facilities. The company’s dedication to innovation and responsible mining has positioned it as a key contributor to Greece's economy, earning recognition for its efforts in promoting local employment and sustainable development.
DitchCarbon Score
How does Hellas Gold'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 Precious Metal Production 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
Hellas Gold's score of 4 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hellas Gold's reported carbon emissions
As of 2022, Hellas Gold reported significant carbon emissions, with Scope 1 emissions totalling approximately 111,135,000 kg CO2e and Scope 2 emissions at about 98,501,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2, but there are no specific reduction targets or initiatives outlined in their climate commitments. In previous years, emissions have fluctuated, with Scope 1 emissions peaking at approximately 121,655,000 kg CO2e in 2021 and Scope 2 emissions reaching about 103,717,000 kg CO2e in 2020. The company has not established any formal reduction targets or commitments to the Science Based Targets initiative (SBTi), indicating a potential area for improvement in their climate strategy. Overall, while Hellas Gold has made strides in transparency regarding their emissions, the absence of defined reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,544,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 35,481,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 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.
Hellas Gold 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.
