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.
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 11 is lower than 83% 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 emissions of about 29,000 kg CO2e, although the specific scope of these emissions was not detailed. Currently, Horizonte Minerals has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). The absence of documented climate pledges or reduction initiatives indicates a potential area for future development in their sustainability strategy. Overall, while Horizonte Minerals has provided emissions data for recent years, the lack of reduction targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations.
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| 2022 | |
|---|---|
| Scope 1 | 4,488,950 |
| Scope 2 | 910 |
| 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.
Horizonte Minerals 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.
