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Salt and Mineral Mining
CA
updated 3 months ago

Ivanhoe Mines Sustainability Profile

Company website

Ivanhoe Mines Ltd., a prominent player in the mining industry, is headquartered in Canada and operates primarily in Southern Africa. Founded in 1994, the company has made significant strides in the exploration and development of mineral resources, particularly copper, gold, and silver. With flagship projects such as the Kamoa-Kakula Copper Project in the Democratic Republic of Congo, Ivanhoe Mines is recognised for its innovative approach to sustainable mining practices. The company’s commitment to high-quality production and responsible resource management sets it apart in a competitive market. Ivanhoe Mines has garnered attention for its strategic partnerships and notable achievements, positioning itself as a leader in the global mining sector. Its focus on advancing technology and enhancing operational efficiency continues to drive its success and growth in the industry.

DitchCarbon Score

How does Ivanhoe Mines'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.

37

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.

25

Industry Benchmark

Ivanhoe Mines's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Ivanhoe Mines's reported carbon emissions

In 2024, Ivanhoe Mines reported total carbon emissions of approximately 5.3 billion kg CO2e. This figure includes Scope 1 emissions of about 294.9 million kg CO2e, Scope 2 emissions of approximately 34.2 million kg CO2e, and significant Scope 3 emissions, which totalled around 5.0 billion kg CO2e. The Scope 3 emissions breakdown includes capital goods (approximately 693.3 million kg CO2e), processing of sold products (about 2.9 billion kg CO2e), and downstream transportation and distribution (approximately 281.1 million kg CO2e). In 2023, the company reported total emissions of about 175.9 million kg CO2e, with Scope 1 emissions at approximately 143.6 million kg CO2e and Scope 2 emissions around 25.4 million kg CO2e. The previous year, 2022, saw total emissions of about 67.0 million kg CO2e, with Scope 1 at approximately 51.6 million kg CO2e and Scope 2 at about 9.8 million kg CO2e. Ivanhoe Mines has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organization, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The absence of detailed reduction initiatives suggests a need for further development in their climate strategy.

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2018201920202021202220232024
Scope 1
3,936,000
0,000,000
00,000,000
000,000,000
00,000,000
000,000,000
000,000,000
Scope 2
7,324,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 3
-
-
00,000,000
0,000,000
-
-
0,000,000,000

How Carbon Intensive is Ivanhoe Mines's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ivanhoe Mines's primary industry is Salt and Mineral Mining, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Ivanhoe Mines's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ivanhoe Mines is in CA, which has a very low grid carbon intensity relative to other regions.

Ivanhoe Mines's Scope 3 Categories Breakdown

Ivanhoe Mines's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 72% of Scope 3 emissions.

Top Scope 3 Categories

2024
Processing of Sold Products
72%
Capital Goods
17%
Downstream Transportation & Distribution
7%
Fuel and Energy Related Activities
2%
Employee Commuting
<1%
Business Travel
<1%
Waste Generated in Operations
<1%
End-of-Life Treatment of Sold Products
<1%

Ivanhoe Mines'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.

Ivanhoe Mines has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Ivanhoe Mines's Emissions with Industry Peers

Lundin Mining

CA
•
Copper ores and concentrates
Updated 1 day ago

Bhp

AU
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 10 days ago

First Quantum Minerals

CA
•
Copper ores and concentrates
Updated 10 days ago

Freeport Mcmoran

US
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 2 days ago

Capstone Copper Corp.

CA
•
Lead, zinc and tin and products thereof
Updated about 1 month ago

FQM (Akubra) Inc.

CA
•
Lead, zinc and tin and products thereof
Updated 3 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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