Hudbay Sustainability Profile
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 29 is higher than 66% 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 2022, Hudbay Minerals Inc. reported total carbon emissions of approximately 333,000,000 kg CO2e globally, comprising 210,000,000 kg CO2e from Scope 1 and 124,000,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. In the previous year, 2021, Hudbay's emissions were about 304,000,000 kg CO2e, with 178,000,000 kg CO2e from Scope 1 and 126,000,000 kg CO2e from Scope 2. Hudbay's GHG intensity metrics indicate that in 2023, the company emitted about 9,900 kg CO2e per kilotonne of ore processed and approximately 1,700 kg CO2e per tonne of copper-equivalent production. These figures reflect the company's ongoing efforts to monitor and report its emissions, although specific reduction targets or initiatives have not been outlined in the available data. As of now, Hudbay has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The emissions data is not cascaded from a parent organization, indicating that it is independently reported by Hudbay Minerals Inc. The company continues to focus on transparency in its emissions reporting while exploring avenues for future climate commitments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 60,000,000 | 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 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Hudbay's Industry?
How Carbon Intensive is Hudbay's Location?
Hudbay's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hudbay has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
