Newcrest

Newcrest's climate commitments and emissions data demonstrate its dedication to reducing its environmental impact within the chemical and fertiliser minerals, salt and other mining and quarrying products industry.

In 2024, Newcrest reported approximately 2.73 billion kg CO2e in Scope 1 emissions and 2.31 billion kg CO2e in Scope 2 (market-based) emissions. Their Scope 3 emissions for the same year included approximately 125 million kg CO2e from capital goods, 2,213 kg CO2e from purchased goods and services, 907 kg CO2e from processing of sold products, and 1.03 billion kg CO2e from fuel and energy-related activities.

For 2023, Newcrest's Scope 1 emissions were about 1.39 billion kg CO2e, with mobile combustion contributing approximately 441 million kg CO2e, process emissions 95,000 kg CO2e, and stationary combustion 10.6 million kg CO2e. Scope 2 emissions totalled about 861 million kg CO2e, primarily from purchased electricity. Scope 3 emissions for 2023 were approximately 870 million kg CO2e, including 96 million kg CO2e from business travel, 353 million kg CO2e from purchased goods and services, 400,000 kg CO2e from processing of sold products, and 196 million kg CO2e from fuel and energy-related activities.

Looking back, in 2022, Newcrest reported Scope 1 emissions of approximately 1.40 billion kg CO2e and Scope 2 emissions of about 901 million kg CO2e. Scope 3 emissions were around 741 million kg CO2e, with business travel accounting for 37 million kg CO2e, purchased goods and services for 321 million kg CO2e, processing of sold products for 400,000 kg CO2e, and fuel and energy-related activities for 175 million kg CO2e.

Newcrest has set a long-term goal of achieving net-zero Scope 1 and Scope 2 carbon emissions by 2050. Additionally, the company aims for a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity per tonne of ore milled by 2030, using 2018 as a baseline. While the net-zero target primarily focuses on Scope 1 and 2, Newcrest has also committed to striving to reduce Scope 3 emissions across its value chain. The emissions data presented for Newcrest are directly from Newcrest Mining Limited.