Paladin Energy Ltd
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 11 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Paladin Energy Ltd's reported carbon emissions
In 2023, Paladin Energy Ltd reported total carbon emissions of approximately 7,520,000 kg CO2e from Scope 1 and 431,000 kg CO2e from Scope 2, with no emissions recorded under Scope 3. This marked a significant increase in emissions compared to 2022, where the company emitted about 150,000 kg CO2e in Scope 1 and 260,000 kg CO2e in Scope 2. Looking ahead to 2024, Paladin Energy anticipates a substantial rise in emissions, projecting approximately 18,994,000 kg CO2e from Scope 1 and about 19,063,000 kg CO2e from Scope 2. Despite these figures, Paladin Energy has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal commitments to emissions reduction suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a company headquartered in Australia, Paladin Energy operates within an industry increasingly focused on sustainability and climate responsibility, highlighting the importance of establishing clear emissions reduction goals in line with global climate commitments.
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Get Started| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 150,000 | 000,000 | 00,000,000 |
| Scope 2 | 260,000 | 000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Paladin Energy Ltd 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.
