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.
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.
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.
K92 Mining's score of 16 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, K92 Mining reported total carbon emissions of approximately 35,860,000 kg CO2e, comprising 31,328,000 kg CO2e from Scope 1 and 17,036,000 kg CO2e from Scope 2 emissions. This represents a significant increase in emissions compared to previous years, with 2022 emissions at about 27,847,000 kg CO2e (24,338,000 kg CO2e from Scope 1 and 13,327,000 kg CO2e from Scope 2). The company has disclosed emissions data for both Scope 1 and Scope 2 for the years 2020 to 2023, but there are no specific reduction targets or initiatives outlined in their reports. K92 Mining's carbon intensity per gold equivalent ounce produced has varied, with a reported intensity of 410.0 kg CO2e in 2023, up from 310.0 kg CO2e in 2022. K92 Mining's climate commitments and reduction strategies remain unspecified, indicating a potential area for improvement in their sustainability practices. The company operates in a sector where emissions reduction is increasingly critical, and further transparency regarding their climate initiatives could enhance their environmental stewardship.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
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 | - | - | - | - |
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 committed to any 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.