Industrias Penoles Sa De Cv Sustainability Profile
Industrias Peñoles S.A. de C.V., commonly referred to as Peñoles, is a leading Mexican mining and metallurgical company headquartered in Mexico City. Founded in 1887, Peñoles has established itself as a key player in the mining industry, particularly in the extraction and processing of silver, gold, and base metals. The company operates primarily in Mexico, with significant activities in regions rich in mineral resources. Peñoles is renowned for its commitment to sustainable practices and innovation in metallurgy, producing high-quality metals that meet international standards. Its core products include refined silver, gold, and various industrial minerals, which are distinguished by their purity and reliability. With a strong market position, Peñoles has achieved notable milestones, including advancements in environmentally responsible mining techniques, solidifying its reputation as a leader in the sector.
DitchCarbon Score
How does Industrias Penoles Sa De Cv'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 Salt and Mineral Mining 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
Industrias Penoles Sa De Cv's score of 49 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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Industrias Penoles Sa De Cv's reported carbon emissions
In 2024, Industrias Peñoles S.A. de C.V. reported total greenhouse gas emissions of approximately 2,337,763,000 kg CO2e, comprising about 1,196,135,000 kg CO2e from Scope 1 emissions (mobile combustion) and about 1,141,629,000 kg CO2e from Scope 2 emissions (purchased electricity). This represents a decrease from 2023, where total emissions were about 2,646,038,000 kg CO2e, with Scope 1 at approximately 1,216,142,000 kg CO2e and Scope 2 at about 1,429,896,000 kg CO2e. Peñoles has set ambitious climate commitments, aiming for a 30% reduction in absolute Scope 1 emissions by 2030 from 2020 levels, and a similar 30% reduction in Scope 2 emissions by 2030. Furthermore, the company targets achieving net-zero Scope 1 and Scope 2 emissions by 2050. In the near term, Peñoles plans to increase the proportion of electrical energy consumed from clean sources, with a goal of 100% by 2028, which will significantly reduce Scope 2 emissions. The company has demonstrated a commitment to sustainability, having reduced its GHG emissions by 11.7% compared to 2023 and by 24.2% from its 2022 baseline, as reported in its 2024 sustainability documentation. This proactive approach aligns with industry standards and reflects Peñoles' dedication to addressing climate change and reducing its carbon footprint.
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| 2012 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 823,932,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,073,331,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is Industrias Penoles Sa De Cv's Industry?
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Industrias Penoles Sa De Cv'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.
Industrias Penoles Sa De Cv 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.
