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.
-8 vs industry average
Hudbay’s score of 25 is lower than 31% 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
Copper Reprocessing has below-average carbon intensity
Industry performance
The Copper Reprocessing industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hudbay's reported carbon emissions
Hudbay, headquartered in Canada and operating within the secondary copper processing industry, reported Scope 1 emissions of approximately 287 million kg CO2e for 2024. Scope 1 and 2 emissions combined for 2024 were approximately 449 million kg CO2e. For 2023, Scope 1 emissions were approximately 254 million kg CO2e, with combined Scope 1 and 2 emissions totalling approximately 388 million kg CO2e. In 2022, Scope 1 emissions were approximately 210 million kg CO2e, and Scope 1 and 2 emissions were approximately 333 million kg CO2e. Prior to 2022, Hudbay's reporting included Scope 2 emissions. In 2018, Scope 1 emissions were approximately 170 million kg CO2e, and Scope 2 emissions were approximately 143 million kg CO2e, resulting in combined Scope 1 and 2 emissions of approximately 313 million kg CO2e. For 2017, Scope 1 emissions stood at approximately 60 million kg CO2e, with Scope 2 emissions at approximately 144 million kg CO2e, leading to combined Scope 1 and 2 emissions of approximately 465 million kg CO2e. In 2016, total emissions, encompassing Scope 1 and 2, were approximately 493 million kg CO2e, with Scope 1 emissions around 171 million kg CO2e and Scope 2 emissions around 322 million kg CO2e. Hudbay's emissions reporting consistently indicates that Scope 3 data, specifically for purchased goods and services, is missing. The company has not publicly disclosed specific reduction targets or commitments related to its greenhouse gas emissions in the provided information.
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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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hudbay
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