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.
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.
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.
Paladin Energy Ltd's score of 4 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Paladin Energy Ltd reported total carbon emissions of approximately 43,000 kg CO2e, comprising 41,000 kg CO2e from Scope 1 emissions and 2,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Paladin Energy is 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, aligns with global efforts to decarbonise energy and electricity generation, reflecting the company's dedication to addressing climate change. As of now, there are no specific reduction percentages outlined for these targets, but the commitment underscores Paladin Energy's proactive approach to sustainability and climate responsibility. The emissions data and climate commitments are not cascaded from any parent organization, indicating that they are independently reported by Paladin Energy Ltd.
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.
Paladin Energy Ltd 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.