Hudbay
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 26 is higher than 71% 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 2023, Hudbay Minerals Inc. reported significant emissions data, although specific total emissions figures were not disclosed. The company did provide greenhouse gas (GHG) intensity metrics, indicating a GHG intensity of approximately 9,900 kg CO2e per kilotonne of ore processed and about 1,700 kg CO2e per tonne of copper-equivalent production. For the previous year, 2022, Hudbay's emissions were more clearly defined, with total Scope 1 emissions at approximately 149,000,000 kg CO2e and Scope 2 emissions at about 123,000,000 kg CO2e in Peru. Globally, the company reported total Scope 1 emissions of around 210,000,000 kg CO2e and Scope 2 emissions of approximately 124,000,000 kg CO2e, leading to a combined total of about 333,000,000 kg CO2e for Scope 1 and 2. Hudbay has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it made any formal climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are directly from Hudbay Minerals Inc. Overall, while Hudbay has made strides in reporting its emissions, it currently lacks defined reduction initiatives or commitments to lower its carbon footprint in the future.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 177,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 363,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| 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.
Hudbay 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.
