Public Profile

Horizonte Minerals

Horizonte Minerals Plc, a prominent player in the mining industry, is headquartered in Great Britain and focuses on the development of nickel projects in Brazil. Founded in 2006, the company has made significant strides in advancing its flagship Araguaia and Vermelho projects, which are poised to meet the growing demand for nickel in the electric vehicle and renewable energy sectors. With a commitment to sustainable mining practices, Horizonte Minerals stands out for its innovative approach to resource extraction and environmental stewardship. The company’s strategic positioning in the nickel market, combined with its robust project pipeline, underscores its potential to become a key supplier in the global transition to cleaner energy. Notable achievements include securing key partnerships and advancing towards production, solidifying its reputation as a forward-thinking leader in the mining sector.

DitchCarbon Score

How does Horizonte Minerals'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.

15

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.

16

Industry Benchmark

Horizonte Minerals's score of 15 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

Horizonte Minerals's reported carbon emissions

In 2022, Horizonte Minerals reported total carbon emissions of approximately 100,269,960 kg CO2e. This figure includes 4,488,950 kg CO2e from Scope 1 emissions and 910 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. In 2021, the total emissions were significantly lower at about 29,000 kg CO2e, indicating a substantial increase in emissions year-on-year. Despite this increase, Horizonte Minerals has not set specific reduction targets or climate pledges, which may limit their commitment to addressing climate change. The absence of defined reduction initiatives or targets suggests that Horizonte Minerals is currently in the early stages of developing a comprehensive climate strategy. As the mining industry faces increasing scrutiny regarding environmental impacts, it will be crucial for Horizonte Minerals to establish clear commitments to reduce their carbon footprint in the future.

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2022
Scope 1
4,488,950
Scope 2
910
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Horizonte Minerals's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Horizonte Minerals is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Horizonte Minerals 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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