Horizonte Minerals Sustainability Profile
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.
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
Horizonte Minerals's score of 23 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, which are direct emissions from owned or controlled sources, and 910 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Notably, there is no reported data for Scope 3 emissions, which encompass all other indirect emissions in the value chain. In 2021, the company disclosed a significantly lower total emission figure of about 29,000 kg CO2e, indicating a substantial increase in emissions in 2022. However, there are currently no specific reduction targets or climate commitments outlined by Horizonte Minerals, nor are there any initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. As a company headquartered in Great Britain, Horizonte Minerals is positioned within the mining sector, which is increasingly scrutinised for its environmental impact. The absence of reduction targets highlights a potential area for improvement in their sustainability strategy.
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| 2022 | |
|---|---|
| Scope 1 | 4,488,950 |
| Scope 2 | 910 |
| Scope 3 | - |
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Horizonte Minerals'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.
Horizonte Minerals 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.
