Paladin Energy Ltd Sustainability Profile
Paladin Energy Ltd, a prominent player in the uranium mining sector, is headquartered in Australia and operates primarily in Namibia and Malawi. Founded in 2002, the company has established itself as a key contributor to the global energy market, focusing on the exploration and development of uranium resources. Paladin's core offerings include high-quality uranium production, which is essential for nuclear energy generation. The company is recognised for its commitment to sustainable practices and innovative mining techniques, setting it apart in a competitive industry. With significant milestones such as the successful operation of the Langer Heinrich Mine, Paladin Energy has solidified its market position, making it a notable name in the uranium sector.
DitchCarbon Score
How does Paladin Energy Ltd'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 Non-Ferrous Metal 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
Paladin Energy Ltd's score of 6 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paladin Energy Ltd's reported carbon emissions
In 2024, Paladin Energy Ltd reported total carbon emissions of approximately 18,994,000 kg CO2e for Scope 1 and about 19,063,000 kg CO2e for Scope 2. This data reflects their global operations. In 2023, the company recorded significantly lower emissions in Canada, with Scope 1 emissions at about 41,000 kg CO2e and Scope 2 emissions at approximately 2,000 kg CO2e. For the same year globally, emissions were about 752,000 kg CO2e for Scope 1 and around 431,000 kg CO2e for Scope 2. In 2022, Paladin's global emissions were approximately 150,000 kg CO2e for Scope 1 and about 260,000 kg CO2e for Scope 2. Paladin Energy has committed to achieving net-zero emissions by 2050 or sooner, with specific targets set for both Scope 1 and Scope 2 emissions. This long-term commitment, initiated in 2023, underscores the company's dedication to significant decarbonisation efforts in energy and electricity generation. The emissions data is not cascaded from any parent organisation, indicating that Paladin Energy Ltd independently reports its carbon footprint and climate commitments.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 150,000 | 000,000 | 00,000,000 |
| Scope 2 | 260,000 | 000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Paladin Energy Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Paladin Energy Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
