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 34 is higher than 100% 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 reported total greenhouse gas emissions of approximately 776,000,000 kg CO2e. This figure includes 254,000,000 kg CO2e from Scope 1 emissions, 134,000,000 kg CO2e from Scope 2 emissions, and 388,000,000 kg CO2e from Scope 3 emissions. Over the years, Hudbay has shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 776,000,000 kg CO2e, with Scope 1 at 210,000,000 kg CO2e, Scope 2 at 124,000,000 kg CO2e, and Scope 3 at 333,000,000 kg CO2e. In 2021, the total emissions were approximately 304,000,000 kg CO2e, with Scope 1 at 178,000,000 kg CO2e and Scope 2 at 126,000,000 kg CO2e. Despite these figures, Hudbay has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not have formalised commitments to reduce them in line with industry standards or climate pledges. Hudbay's emissions data reflects its operational impact and highlights the need for ongoing assessment and potential action towards sustainability in the mining sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 177,000,000 | 000,000,000 | 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 | 000,000,000 |
| Scope 3 | 465,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
