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.

28

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.

16

Industry Benchmark

Lundin Gold's score of 28 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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 including 79,631,000 kg CO2e in 2021 and 49,691,000 kg CO2e in 2020. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in their sustainability strategy. Lundin Gold's emissions intensity metrics show a GHG emissions intensity of 80 kg CO2e per ounce of gold produced in 2023, which is an important measure of their operational efficiency and environmental impact. The company continues to engage in industry-standard practices for emissions disclosure, aligning with global climate accountability standards.

Unlock detailed emissions data

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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 medium 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. Lundin Gold is headquartered in CA, which has a rank of low, indicating low grid carbon 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 not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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