Kumba Iron Ore

Kumba Iron Ore, a South African iron ore producer, reported total Scope 1, 2, and 3 emissions of approximately 57.9 billion kg CO2e in 2024. This comprised approximately 417 million kg CO2e from Scope 1 emissions, about 422 million kg CO2e from Scope 2 emissions, and roughly 57.0 billion kg CO2e from Scope 3 emissions.

In 2023, Kumba Iron Ore's total emissions were approximately 58.6 billion kg CO2e, with Scope 1 emissions at about 548 million kg CO2e, Scope 2 at approximately 420 million kg CO2e, and Scope 3 at roughly 57.7 billion kg CO2e. Looking back to 2022, the company's Scope 1 and 2 emissions totalled around 994 million kg CO2e, with approximately 554 million kg CO2e from Scope 1 and 440 million kg CO2e from Scope 2. In 2021, Scope 1 and 2 emissions were about 989 million kg CO2e, consisting of roughly 531 million kg CO2e (Scope 1) and 458 million kg CO2e (Scope 2).

Kumba Iron Ore has committed to reducing its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 30% by 2030, using a 2016 baseline. Additionally, the company aims for carbon neutrality in Scope 2 emissions across its operations by 2030 and has set a long-term target of a 50% reduction in Scope 3 emissions by 2040, against a 2020 baseline (or 2016 baseline for some reporting). These commitments reflect a comprehensive approach to climate action within the iron ores industry.