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Hudbay Minerals Inc., commonly referred to as Hudbay, is a leading player in the secondary copper industry, headquartered in Canada. Established in 1994, the company has made significant strides in the re-processing of secondary copper, transforming it into high-quality new copper products. With major operations in North America and South America, Hudbay is well-positioned to meet the growing demand for sustainable copper solutions.
The company’s core offerings include the treatment and recycling of secondary copper, which not only supports environmental sustainability but also enhances resource efficiency. Hudbay's commitment to innovation and quality has solidified its reputation in the market, making it a trusted partner for industries reliant on copper. With a focus on responsible mining practices and community engagement, Hudbay continues to achieve notable milestones in the copper sector, reinforcing its status as a leader in the industry.
24
DitchCarbon score
-18 vs industry average
Hudbay’s score of 24 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Copper Reprocessing has below-average carbon intensity
Industry performance
0.194
20182025
The Copper Reprocessing industry has reduced its overall emissions by 38% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hudbay's reported carbon emissions
Hudbay, a Canadian company in the secondary copper for treatment and re-processing of secondary copper into new copper industries, reported approximately 449,000,000 kg CO2e in combined Scope 1 and Scope 2 emissions for 2024. This figure represents an increase from their 2023 combined Scope 1 and 2 emissions of about 388,000,000 kg CO2e.
Their Scope 1 emissions for 2024 were approximately 287,000,000 kg CO2e. For previous years, their reported Scope 1 and Scope 2 emissions were:
- 2023: Combined Scope 1 and 2 emissions were about 388,000,000 kg CO2e, with Scope 1 emissions at approximately 254,000,000 kg CO2e.
- 2022: Combined Scope 1 and 2 emissions totalled roughly 333,000,000 kg CO2e, including Scope 1 emissions of approximately 210,000,000 kg CO2e.
- 2021: Combined Scope 1 and 2 emissions were around 304,000,000 kg CO2e, with Scope 1 emissions at approximately 178,000,000 kg CO2e.
- 2020: Combined Scope 1 and 2 emissions were about 286,000,000 kg CO2e, with Scope 1 emissions at approximately 144,000,000 kg CO2e.
- 2019: Combined Scope 1 and 2 emissions were approximately 303,000,000 kg CO2e, with Scope 1 emissions at roughly 161,000,000 kg CO2e.
- 2018: Combined Scope 1 and 2 emissions were about 313,000,000 kg CO2e, comprising Scope 1 emissions of approximately 170,000,000 kg CO2e and Scope 2 emissions of around 143,000,000 kg CO2e.
- 2017: Combined Scope 1 and 2 emissions were approximately 465,000,000 kg CO2e, with Scope 1 emissions at roughly 60,000,000 kg CO2e and Scope 2 emissions at about 144,000,000 kg CO2e.
- 2016: Total reported emissions, encompassing Scope 1 and Scope 2, were approximately 493,270,000 kg CO2e. This included Scope 1 emissions of about 170,960,000 kg CO2e and Scope 2 emissions of roughly 322,310,000 kg CO2e.
Hudbay has disclosed Scope 1 data for all reported years, and Scope 2 data for 2016, 2017, and 2018. They have not disclosed Scope 3 emissions data. There are no publicly available reduction targets or climate pledges for Hudbay. Their CDP climate performance data is sourced directly from Hudbay Minerals Inc.
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Hudbay’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Hudbay yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hudbay29 days ago
24
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