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.
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
K92 Mining's score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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K92 Mining's reported carbon emissions
In 2023, K92 Mining reported total carbon emissions of approximately 31,328,000 kg CO2e for Scope 1 and about 17,036,000 kg CO2e for Scope 2 (market-based). The combined total for Scope 1 and Scope 2 emissions reached about 35,860,000 kg CO2e. This reflects a significant increase from 2022, where emissions were approximately 24,338,000 kg CO2e for Scope 1 and about 13,327,000 kg CO2e for Scope 2 (market-based), resulting in a total of around 27,847,000 kg CO2e. K92 Mining has set ambitious long-term climate commitments, aiming for carbon neutrality by 2050. This goal encompasses both Scope 1 and Scope 2 emissions, with a commitment to reduce emissions starting from 2023. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. The emissions intensity for 2023 was reported at approximately 410 kg CO2e per ounce of gold equivalent produced, which is an increase from 310 kg CO2e in 2022. K92 Mining's commitment to sustainability and emissions reduction is evident in its long-term strategy, although specific reduction targets in percentage terms have not been detailed. Overall, K92 Mining's emissions data and climate commitments reflect a proactive approach to addressing climate change, with a clear pathway towards achieving carbon neutrality in the coming decades.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 14,044,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,166,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
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.
