Ivanhoe Electric Inc.
Ivanhoe Electric Inc., headquartered in the United States, is a prominent player in the mining and energy sectors, specialising in innovative technologies for mineral exploration and extraction. Founded in 2021, the company has quickly established itself as a leader in the industry, focusing on sustainable practices and advanced solutions that enhance operational efficiency. With a strong presence in key operational regions, Ivanhoe Electric offers unique products and services, including cutting-edge geophysical tools and data analytics platforms. These offerings are designed to optimise resource discovery and extraction processes, setting the company apart from its competitors. Recognised for its commitment to sustainability and technological advancement, Ivanhoe Electric continues to make significant strides in the market, positioning itself as a forward-thinking entity in the evolving landscape of mining and energy.
DitchCarbon Score
How does Ivanhoe Electric Inc.'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 Lead, Zinc, and Tin Processing 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
Ivanhoe Electric Inc.'s score of 18 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ivanhoe Electric Inc.'s reported carbon emissions
In 2021, Ivanhoe Electric Inc. reported total carbon emissions of approximately 106,796,000 kg CO2e, with Scope 1 emissions accounting for about 100,806,000 kg CO2e, Scope 2 emissions at approximately 2,927,000 kg CO2e, and Scope 3 emissions reaching about 3,063,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, Ivanhoe Electric is committed to a 50% reduction in Scope 1 and Scope 2 emissions from 2020 levels by 2030. For the year 2022, emissions data was not disclosed, and for 2023, specific emissions figures were not provided. However, the company continues to focus on sustainability initiatives, particularly in its Santa Cruz Project, which is expected to significantly reduce emissions during its construction and operational phases. Ivanhoe Electric's climate strategy reflects a proactive approach to addressing carbon emissions, aligning with industry standards and demonstrating a commitment to environmental responsibility.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 11,427,000 | 000,000,000 |
| Scope 2 | 5,971,000 | 0,000,000 |
| Scope 3 | 16,796,000 | 0,000,000 |
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.
Ivanhoe Electric Inc. 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.
