Marampa Mines Limited

Marampa Mines Limited (SL) has reported total carbon emissions of approximately 4.24 billion kg CO2e for 2024. This figure comprises approximately 95.13 million kg CO2e from Scope 1 emissions and about 4.10 billion kg CO2e from Scope 3 emissions. Scope 2 emissions were not disclosed for 2024.

In 2023, Marampa Mines Limited reported total emissions of approximately 5.34 billion kg CO2e. This included Scope 1 emissions of about 60.73 million kg CO2e and Scope 3 emissions of approximately 5.28 billion kg CO2e. Scope 2 emissions were reported as zero for 2023.

The company's climate commitments focus on reducing Scope 1 emissions. For near-term goals, Marampa Mines Limited has revised its Scope 1 physical intensity emissions reduction target to 58% by 2030, compared to its 2023 baseline. Previously, a 44% intensity reduction target for Scope 1 emissions by 2030 was in place. Looking long-term, Marampa Mines Limited has committed to a 63% absolute reduction of its Scope 1 emissions against a 2021 baseline by 2050. Additionally, there is a long-term physical intensity reduction target for Scope 1 emissions of 79% by 2050, and a revised long-term target of 97% by 2050.

Marampa Mines Limited is actively pursuing renewable energy solutions, with plans to deploy solar photovoltaic generation on its mine site by the end of 2024. This modular system is designed to be expandable and will enable continuous improvement in the ratio of renewable to fossil fuel-generated energy consumed on site. The company is also evaluating other options for electricity sourcing.