Ivanhoe Mines
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.
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
Ivanhoe Mines's score of 29 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ivanhoe Mines's reported carbon emissions
In 2023, Ivanhoe Mines reported total carbon emissions of approximately 175,868,000 kg CO2e, comprising 143,587,000 kg CO2e from Scope 1, 25,388,000 kg CO2e from Scope 2, and 6,893,000 kg CO2e from Scope 3 emissions. This marked a significant increase compared to previous years, with total emissions in 2022 at about 67,042,000 kg CO2e, indicating a substantial rise in their carbon footprint. In 2021, the company recorded total emissions of approximately 24,928,000 kg CO2e, with Scope 1 emissions at 18,154,000 kg CO2e, Scope 2 at 2,927,000 kg CO2e, and Scope 3 at 3,063,000 kg CO2e. The emissions for 2020 were even higher, totalling around 34,194,000 kg CO2e, with Scope 1 emissions at 11,427,000 kg CO2e and Scope 2 at 5,971,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Ivanhoe Mines is actively engaged in monitoring and reporting its emissions across all scopes. The company has not yet established science-based targets or specific climate pledges, which places it in a challenging position within the industry as stakeholders increasingly demand accountability and action on climate commitments. Overall, Ivanhoe Mines's emissions data reflects a growing concern regarding its environmental impact, necessitating a strategic approach to reduce its carbon footprint in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,936,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 7,324,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 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 Mines is committed to some reduction initiatives 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.
