Kirkland Lake Gold Ltd. Sustainability Profile
Kirkland Lake Gold Ltd., a prominent player in the mining industry, is headquartered in Canada and operates primarily in the prolific gold mining regions of Ontario and Australia. Founded in 1988, the company has achieved significant milestones, including the successful acquisition of high-grade assets that bolster its market position. Specialising in the exploration, development, and production of gold, Kirkland Lake Gold is renowned for its unique approach to mining, focusing on high-quality, low-cost operations. The company’s flagship assets, such as the Macassa and Fosterville mines, are celebrated for their exceptional ore grades and operational efficiency. With a commitment to sustainable practices and community engagement, Kirkland Lake Gold continues to solidify its reputation as a leader in the global gold market.
DitchCarbon Score
How does Kirkland Lake Gold Ltd.'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 Precious Metal Production 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
Kirkland Lake Gold Ltd.'s score of 22 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kirkland Lake Gold Ltd.'s reported carbon emissions
In 2020, Kirkland Lake Gold Ltd. reported total carbon emissions of approximately 438,436,000 kg CO2e, comprising 279,227,000 kg CO2e from Scope 1 and 159,208,000 kg CO2e from Scope 2 emissions. This data reflects the company's operational footprint on a global scale. The previous emissions data from 2018 indicated a total of about 174,849,000 kg CO2e, with Scope 1 emissions at 51,410,000 kg CO2e and Scope 2 emissions at 123,439,000 kg CO2e. Despite the significant emissions figures, Kirkland Lake Gold Ltd. has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not report Scope 3 emissions, which typically encompass indirect emissions in the value chain. It is important to note that emissions data for Kirkland Lake Gold Ltd. is cascaded from its corporate family relationship with Agnico Eagle Mines Limited, reflecting a merged entity status. This relationship may influence the company's overall climate strategy and reporting practices. As of now, Kirkland Lake Gold Ltd. has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for future development in their sustainability efforts.
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| 2018 | 2020 | |
|---|---|---|
| Scope 1 | 51,410,000 | 000,000,000 |
| Scope 2 | 123,439,000 | 000,000,000 |
| Scope 3 | - | - |
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Kirkland Lake Gold Ltd.'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.
Kirkland Lake Gold Ltd. 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.
