Kinross Gold

Kinross Gold's reported carbon emissions

Kinross Gold Corporation, a precious metal ores and concentrates producer headquartered in CA, has established clear climate commitments, aiming for net-zero greenhouse gas (GHG) emissions by 2050 across Scope 1 and Scope 2. In 2024, Kinross Gold reported total GHG emissions of approximately 3.21 billion kg CO2e. This total comprised Scope 1 emissions of about 1.08 billion kg CO2e and Scope 2 emissions of approximately 391 million kg CO2e. Scope 3 emissions for 2024 were reported at a significantly lower 1,790 kg CO2e. For the previous year, 2023, the company's total emissions were approximately 2.65 billion kg CO2e. This included Scope 1 emissions of about 1.02 billion kg CO2e and Scope 2 emissions of approximately 374 million kg CO2e. Scope 3 emissions in 2023 amounted to roughly 1.26 billion kg CO2e. Kinross Gold has set an objective to reduce the intensity of its Scope 1 and Scope 2 GHG emissions by 30% by 2030, using an adjusted 2021 baseline. This target is aligned with a broader aspiration to achieve net-zero GHG emissions by 2050. The company's strategy is also informed by broader industry goals, as previous studies by the World Gold Council have indicated the need for an 80% reduction in gold sector emissions by 2050 to align with a well-below 2°C scenario.