Kenmare Sustainability Profile
Kenmare Resources plc, commonly referred to as Kenmare, is a prominent mining company headquartered in Ireland (IE). Established in 1972, Kenmare has carved a niche in the mineral sands industry, primarily operating in Mozambique, where it manages the Moma Titanium Minerals Mine. This facility is renowned for its high-quality ilmenite, zircon, and rutile production, essential for various industrial applications. With a commitment to sustainable practices, Kenmare has achieved significant milestones, including the expansion of its operations to enhance production capacity. The company is recognised for its strong market position, being one of the largest producers of titanium minerals globally. Kenmare's focus on innovation and environmental stewardship sets it apart in the competitive mining sector, making it a key player in the industry.
DitchCarbon Score
How does Kenmare'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 Gas/Diesel Oil 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
Kenmare's score of 37 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kenmare's reported carbon emissions
In 2024, Kenmare Resources plc reported total carbon emissions of approximately 59,046,000 kg CO2e for Scope 1, 4,216,041,000 kg CO2e for Scope 2, and 4,156,982,000 kg CO2e for Scope 3 emissions in Mozambique. This reflects a comprehensive approach to emissions reporting, covering all three scopes. In 2023, the company recorded Scope 1 emissions of about 57,441,000 kg CO2e, Scope 2 emissions of approximately 167,345,000 kg CO2e, and Scope 3 emissions of around 110,204,000 kg CO2e globally. Kenmare has set ambitious climate commitments, aiming for Net Zero emissions for its operational Scope 1 and 2 emissions by 2040, using a 2021 baseline. Additionally, the company has established a near-term target to reduce GHG emissions per tonne of excavated ore by 45% by 2030. A specific target for Scope 1 emissions includes a 12% reduction by 2024 relative to 2021 levels. These commitments demonstrate Kenmare's proactive stance in addressing climate change and reducing its carbon footprint within the mining industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 65,382,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 110,000 | 000,000 | 000,000 | 000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Kenmare's Industry?
How Carbon Intensive is Kenmare's Location?
Kenmare's Scope 3 Categories Breakdown
Kenmare's Scope 3 emissions, which decreased by 4% last year and increased by approximately 43% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 33% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 43% of Scope 3 emissions.
Top Scope 3 Categories
Kenmare'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.
Kenmare has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
