O3 Mining
O3 Mining Inc., a prominent player in the mining industry, is headquartered in Canada and primarily operates in the prolific mining regions of Quebec and Ontario. Founded in 2018, the company has quickly established itself as a leader in gold exploration and development, focusing on high-potential projects that leverage advanced geological techniques. O3 Mining is dedicated to delivering exceptional value through its core services, which include mineral exploration and resource development. The company’s unique approach combines innovative technology with a commitment to sustainable practices, setting it apart in a competitive market. With a strong portfolio of assets and a strategic vision, O3 Mining continues to achieve significant milestones, positioning itself as a key contributor to the Canadian mining landscape.
DitchCarbon Score
How does O3 Mining'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
O3 Mining's score of 7 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
O3 Mining's reported carbon emissions
In 2022, O3 Mining reported total carbon emissions of approximately 2,133,900 kg CO2e, a significant reduction from about 5,073,600 kg CO2e in 2021. The emissions breakdown for 2022 includes Scope 1 emissions of about 58,800 kg CO2e, Scope 2 emissions of approximately 440,300 kg CO2e, and Scope 3 emissions of about 5,014,300 kg CO2e. Despite the reduction in total emissions, O3 Mining has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its operational carbon intensity, with a reported carbon intensity of 26 kg CO2e per drilled metre in 2022, down from 43 kg CO2e per drilled metre in 2021. O3 Mining's commitment to reducing its carbon footprint aligns with industry standards, although further details on specific climate commitments or future targets remain unspecified.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 65,700 | 00,000 |
| Scope 2 | 440,300 | 000,000 |
| Scope 3 | 2,067,800 | 0,000,000 |
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.
O3 Mining is not committed to any reduction initiatives 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.
