Lundin Mining
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 29 is higher than 66% 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 2022, Lundin Mining reported total emissions of approximately 858,117,000 kg CO2e, comprising 455,142,000 kg CO2e from Scope 1 and 402,976,000 kg CO2e from Scope 2 (market-based). The company has set a significant commitment to reduce its absolute Scope 1 and Scope 2 emissions by 35% by 2030, using adjusted 2019 emissions as a baseline. This target reflects Lundin Mining's proactive approach to addressing climate change and aligns with industry standards for greenhouse gas reduction. In 2021, the company recorded total emissions of about 846,123,000 kg CO2e, with Scope 1 emissions at 351,251,000 kg CO2e and Scope 2 emissions at approximately 483,257,000 kg CO2e. The trend indicates a focus on improving emissions intensity, with reported intensities of 6.0 kg CO2e per tonne mined and 2,480 kg CO2e per tonne of copper equivalent. Lundin Mining's long-term strategy includes a commitment to responsible energy consumption and greenhouse gas emissions management, aiming for net-zero emissions by 2050. This commitment underscores the company's dedication to sustainability and its readiness to adapt to regulatory and environmental changes associated with the transition to a low-carbon economy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Scope 3 | - | - | - | - | - | 00,000,000 | - | - |
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 Mining 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.
