Newcrest

Newcrest, an Australian company in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry, reported approximately 6.2 billion kg CO2e in total greenhouse gas emissions for 2024. This figure includes approximately 2.7 billion kg CO2e from Scope 1 emissions, 2.3 billion kg CO2e from Scope 2 (market-based), and 1.2 billion kg CO2e from Scope 3 emissions.

In 2023, Newcrest's total emissions were about 3.1 billion kg CO2e, comprising approximately 1.4 billion kg CO2e in Scope 1 emissions, 861 million kg CO2e in Scope 2 emissions (with about 860.7 million kg CO2e from purchased electricity), and 870 million kg CO2e in Scope 3 emissions. Key Scope 3 contributors included about 353 million kg CO2e from purchased goods and services, and approximately 196 million kg CO2e from fuel and energy-related activities. The company's Scope 1 and 2 emissions intensity for 2023 was approximately 0.498 kg CO2e per USD of revenue.

Newcrest is committed to achieving net-zero carbon emissions by 2050 for its Scope 1 and Scope 2 emissions, and will also strive to reduce Scope 3 emissions across its value chain. The company has set a near-term target to reduce its Scope 1 and Scope 2 greenhouse gas emissions intensity per tonne of ore milled by 30% by 2030, using 2018 as a baseline. Newcrest's SBTi commitments are inherited from its parent company, Newmont Corporation.