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Mineral Resources
Mineral Resources Limited, commonly referred to as MinRes, is a leading Australian mining services and processing company headquartered in Perth, Western Australia. Founded in 1993, MinRes has established itself as a key player in the mining industry, focusing on the extraction and processing of iron ore and lithium, among other minerals. With operations primarily in Western Australia, the company has achieved significant milestones, including the development of innovative mining solutions and a strong commitment to sustainability. MinRes is renowned for its unique integrated business model, which combines mining, processing, and logistics, ensuring efficiency and cost-effectiveness. As a prominent market contender, Mineral Resources has garnered recognition for its operational excellence and strategic partnerships, positioning itself as a trusted name in the resource sector.
DitchCarbon Score
How does Mineral Resources'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 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.
Industry Benchmark
Mineral Resources's score of 22 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mineral Resources's reported carbon emissions
In 2023, Mineral Resources, headquartered in Australia, reported total carbon emissions of approximately 376,951,000 kg CO2e. This figure includes 373,461,000 kg CO2e from Scope 1 emissions, with no data disclosed for Scope 2 or Scope 3 emissions. The company has set ambitious near-term targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025, reflecting a strong commitment to climate action. Comparatively, in 2022, the total emissions were about 340,515,000 kg CO2e, with Scope 1 emissions at 337,489,000 kg CO2e. This indicates a significant increase in emissions year-on-year, highlighting the challenges faced in reducing carbon output amidst operational demands. Mineral Resources has not yet established Science-Based Targets Initiative (SBTi) targets, but their commitment to achieving near-zero emissions within the next few years demonstrates a proactive approach to sustainability. The company’s emissions data is not cascaded from any parent organization, ensuring that their reported figures are independently sourced. Overall, Mineral Resources is actively working towards substantial emissions reductions, aligning with industry standards for climate responsibility.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 84,743,000 | 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 | 2,391,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Mineral Resources 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.
