Public Profile

K92 Mining

K92 Mining Inc., commonly referred to as K92 Mining, is a prominent player in the mining industry, headquartered in Canada. Established in 2015, the company has rapidly developed a strong presence in the resource sector, primarily focusing on gold and copper production. K92 Mining operates mainly in Papua New Guinea, where it has made significant strides in advancing its flagship Kainantu Gold Mine. The company is renowned for its high-grade gold and copper deposits, which set it apart from competitors. K92 Mining has achieved notable milestones, including the successful expansion of its mining operations and a commitment to sustainable practices. With a robust market position, K92 Mining continues to attract attention for its innovative approach and dedication to maximising resource potential while minimising environmental impact.

DitchCarbon Score

How does K92 Mining'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.

23

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.

20

Industry Benchmark

K92 Mining's score of 23 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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K92 Mining's reported carbon emissions

In 2023, K92 Mining reported total carbon emissions of approximately 35,860,000 kg CO2e, comprising about 31,328,000 kg CO2e from Scope 1 and about 17,036,000 kg CO2e from Scope 2 emissions. This represents a significant increase in emissions compared to previous years, with 2022 emissions recorded at approximately 27,847,000 kg CO2e, including about 24,338,000 kg CO2e from Scope 1 and about 13,327,000 kg CO2e from Scope 2. In 2021, K92 Mining's total emissions were approximately 29,208,000 kg CO2e, with Scope 1 emissions at about 25,881,000 kg CO2e and Scope 2 emissions at approximately 3,327,000 kg CO2e. The company has consistently reported emissions data, but there are no disclosed reduction targets or climate pledges in place as of the latest data. K92 Mining's carbon intensity per gold equivalent ounce produced has varied, with a reported intensity of about 410.0 kg CO2e in 2023, compared to 310.0 kg CO2e in 2022 and 368.0 kg CO2e in 2021. The company continues to monitor its emissions and production efficiency, but specific reduction initiatives or targets have not been documented. Overall, K92 Mining's emissions data highlights the need for ongoing assessment and potential strategies to address carbon emissions in alignment with industry standards.

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2020202120222023
Scope 1
14,044,000
00,000,000
00,000,000
00,000,000
Scope 2
5,166,000
0,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. K92 Mining's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 K92 Mining is in CA, which has a low grid carbon intensity relative to other regions.

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.

K92 Mining 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.

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

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