Public Profile

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.

35

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.

20

Industry Benchmark

Lundin Gold's score of 35 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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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 reflects a significant commitment to transparency in their emissions reporting across all three scopes. Over the years, Lundin Gold's emissions have varied, with notable figures from previous years including 79,631,000 kg CO2e in 2021 and 49,691,000 kg CO2e in 2020. The company has demonstrated a proactive approach to managing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Lundin Gold's emissions intensity metrics indicate a focus on improving efficiency, with emissions intensity reported at 80 kg CO2e per ounce of gold produced in 2023. The company continues to engage in sustainability practices, although it has not set formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges. Overall, Lundin Gold's emissions data highlights its ongoing efforts to monitor and manage its carbon emissions, aligning with industry standards for climate accountability.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
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
0,000,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lundin Gold's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lundin Gold is in CA, which has a low grid carbon intensity relative to other regions.

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 not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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