Hudbay Sustainability Profile
Hudbay Minerals Inc., commonly referred to as Hudbay, is a prominent mining company headquartered in Canada. Established in 1994, Hudbay has developed a strong presence in key operational regions, including North and South America, focusing on the extraction and production of copper, zinc, and precious metals. The company is renowned for its commitment to sustainable mining practices and innovative technologies, which enhance the efficiency of its operations. Hudbay's core products, including copper concentrates and zinc metal, are distinguished by their high quality and responsible sourcing. With a solid market position, Hudbay has achieved significant milestones, including the successful development of major mining projects and a robust portfolio of mineral resources. The company continues to be a leader in the mining industry, dedicated to delivering value while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Hudbay'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 Copper Reprocessing 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
Hudbay's score of 29 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hudbay's reported carbon emissions
In 2022, Hudbay Minerals Inc. reported total carbon emissions of approximately 272 million kg CO2e, comprising 149 million kg CO2e from Scope 1 and 123 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Hudbay's emissions have shown fluctuations over the years, with a total of approximately 304 million kg CO2e in 2021 and about 333 million kg CO2e in 2022, indicating a slight reduction in emissions. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, and there are no documented reduction initiatives currently in place. Hudbay's operations are primarily based in Canada, and they are committed to improving their sustainability practices, although specific commitments or targets have not been detailed in the available data. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Hudbay Minerals Inc.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 60,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 144,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Hudbay's Industry?
How Carbon Intensive is Hudbay's Location?
Hudbay'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.
Hudbay 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.
