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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.
-13 vs industry average
Hudbay’s score of 26 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Copper Reprocessing has below-average carbon intensity
The Copper Reprocessing industry has reduced its overall emissions by 38% since 2018
Scope 3 accounts for ••• of total emissions.
Hudbay, headquartered in Canada and operating in secondary copper reprocessing, has reported its carbon emissions across several years. For 2024, the company recorded approximately 287 million kg CO2e for Scope 1 emissions and about 449 million kg CO2e for combined Scope 1 and 2 emissions. In 2023, Scope 1 emissions were approximately 254 million kg CO2e, with Scope 1 and 2 combined at roughly 388 million kg CO2e.
Prior to this, in 2022, Hudbay's Scope 1 emissions were about 210 million kg CO2e, and Scope 1 and 2 combined totalled approximately 333 million kg CO2e. For 2021, Scope 1 emissions were approximately 178 million kg CO2e, and Scope 1 and 2 combined amounted to about 304 million kg CO2e. In 2020, Scope 1 emissions were around 144 million kg CO2e, and Scope 1 and 2 combined were approximately 286 million kg CO2e.
In 2019, Scope 1 emissions were approximately 161 million kg CO2e, with Scope 1 and 2 combined at about 303 million kg CO2e. Hudbay also reported Scope 2 emissions separately for 2018, totalling approximately 143 million kg CO2e, with Scope 1 emissions at about 170 million kg CO2e, leading to a Scope 1 and 2 total of approximately 313 million kg CO2e. For 2017, Scope 1 emissions were approximately 60 million kg CO2e and Scope 2 emissions were about 144 million kg CO2e, making the combined Scope 1 and 2 total approximately 465 million kg CO2e. In 2016, the company reported total emissions of approximately 493.3 million kg CO2e, comprising Scope 1 emissions of about 171 million kg CO2e and Scope 2 emissions of roughly 322.3 million kg CO2e.
Hudbay's reporting currently focuses on Scope 1 and Scope 2 emissions, with Scope 3 emissions, specifically purchased goods and services, identified as a missing data point in its disclosures for these years. The company has not yet publicly disclosed specific reduction targets or commitments.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Hudbay yet.
No scope 3 category breakdown has been disclosed yet.


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