Mag Silver Corp, commonly referred to as Mag Silver, is a prominent player in the chemical and fertilizer minerals sector, headquartered in California. Founded in 2003, the company has established itself in the mining and quarrying industry, focusing on the extraction of silver and other valuable minerals.
With significant operations in Mexico, Mag Silver is renowned for its flagship project, the Juanicipio property, which showcases high-grade silver and gold deposits. The company’s commitment to sustainable mining practices and innovative extraction techniques sets it apart in a competitive market.
Recognised for its strategic partnerships and robust exploration initiatives, Mag Silver continues to strengthen its position as a leading silver producer, contributing to the global supply of essential minerals while prioritising environmental stewardship.
-5 vs industry average
Mag Silver’s score of 13 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mag Silver's reported carbon emissions
Mag Silver, a mining company headquartered in CA, reported a total of approximately 20.6 million kg CO2e in 2023. This figure primarily comprises Scope 1 emissions of about 20.59 million kg CO2e and Scope 2 emissions of approximately 9,000 kg CO2e. In 2022, Mag Silver's total emissions were around 18.81 million kg CO2e, with Scope 1 emissions accounting for approximately 18.79 million kg CO2e and Scope 2 emissions for about 17,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 20.05 million kg CO2e, including about 18.31 million kg CO2e of Scope 1 emissions and 1.74 million kg CO2e of Scope 2 emissions. For 2020, total emissions were reported as approximately 10.15 million kg CO2e, though specific Scope 1 and Scope 2 breakdowns were not provided for that year. Mag Silver has indicated that Scope 3 emissions data, specifically for purchased goods and services, is missing from its reporting for these years. The company's climate commitments and reduction targets are currently cascaded from its ultimate parent, MAG Silver Corp. MAG Silver Corp. is listed as the source for initiative and performance data. Further details on specific reduction targets or achievements are not detailed within the provided information.
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Mag Silver’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Mag Silver yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Mag Silver
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