Lundin Gold
Lundin Gold Inc., a prominent player in the mining industry, is headquartered in Canada and primarily operates in Ecuador, where it focuses on gold exploration and production. Founded in 2016, the company has quickly established itself as a leader in the sector, particularly with its flagship asset, the Fruta del Norte gold mine, which commenced production in late 2019. Lundin Gold is dedicated to sustainable mining practices, emphasising environmental stewardship and community engagement. Its commitment to high-quality gold production sets it apart in a competitive market, contributing to its strong position within the industry. With a focus on operational excellence and strategic growth, Lundin Gold continues to achieve significant milestones, reinforcing its reputation as a responsible and innovative mining company.
DitchCarbon Score
How does Lundin Gold'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 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.
Industry Benchmark
Lundin Gold's score of 29 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lundin Gold's reported carbon emissions
In 2023, Lundin Gold reported total carbon emissions of approximately 40,161,000 kg CO2e, comprising 27,909,000 kg CO2e from Scope 1, 12,252,000 kg CO2e from Scope 2, and 159,953,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, particularly in Scope 3, which includes indirect emissions from the supply chain and other activities. In 2022, the company recorded total emissions of about 29,600,000 kg CO2e, with Scope 1 emissions at 24,024,000 kg CO2e, Scope 2 at 5,576,000 kg CO2e, and Scope 3 at 166,742,000 kg CO2e. The trend indicates a growing environmental footprint, particularly in Scope 3 emissions, which are critical for understanding the full impact of operations. Lundin Gold has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate commitments. Overall, while Lundin Gold's emissions data reflects a complex landscape of carbon output, the lack of defined reduction strategies suggests an opportunity for the company to enhance its climate action framework moving forward.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,537,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 194,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 666,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Lundin Gold is committed to some 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.
