Lundin Mining Sustainability Profile
Lundin Mining Corporation, a prominent player in the mining industry, is headquartered in Canada and operates major facilities across South America, Europe, and Africa. Founded in 1994, the company has established itself as a leader in the extraction of copper, zinc, gold, and nickel, focusing on sustainable mining practices and innovative technologies. Lundin Mining is renowned for its high-quality production and operational efficiency, with key assets including the Candelaria and Ojos del Salado mines in Chile, and the Neves-Corvo mine in Portugal. The company has achieved significant milestones, including successful expansions and strategic acquisitions, solidifying its market position as a reliable supplier of essential minerals. With a commitment to responsible mining, Lundin Mining continues to contribute to the global demand for metals while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Lundin Mining'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 Copper 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 Mining's score of 30 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lundin Mining's reported carbon emissions
In 2024, Lundin Mining reported total carbon emissions of approximately 671,834,000 kg CO2e for Scope 1 and about 871,778,000 kg CO2e for Scope 2 (market-based). This represents a significant increase from 2023, where emissions were approximately 594,304,000 kg CO2e for Scope 1 and around 253,495,000 kg CO2e for Scope 2 (market-based). The total emissions for 2023 were about 847,799,000 kg CO2e when combining both scopes. Lundin Mining has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by 35% by 2030, using a baseline of adjusted 2019 emissions. This target was established in July 2022 and applies to their portfolio of operations as of the end of 2019. The company is actively working towards these reduction goals, which are crucial for aligning with industry standards and addressing climate change impacts. The emissions data is not cascaded from any parent organization, and all figures are reported directly by Lundin Mining Corporation. The company has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from their operations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 514,170,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 493,328,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Lundin Mining's Industry?
How Carbon Intensive is Lundin Mining's Location?
Lundin Mining'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.
Lundin Mining 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.
