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Salt and Mineral Mining
CA
updated 13 days ago

Pan American Silver Sustainability Profile

Company website

Pan American Silver Corp., commonly referred to as Pan American Silver, is a leading silver mining company headquartered in Canada. Established in 1994, the company has grown to become one of the largest silver producers in the world, with significant operations across North and South America, including countries like Mexico, Peru, and Argentina. Specialising in the exploration, extraction, and production of silver and other precious metals, Pan American Silver is renowned for its commitment to sustainable mining practices and community engagement. The company’s core products include high-quality silver, gold, and base metals, distinguished by their environmentally responsible production methods. With a strong market position, Pan American Silver has achieved notable milestones, including the acquisition of several key mining assets, which have bolstered its production capacity and operational efficiency. The company continues to be a prominent player in the mining industry, recognised for its innovative approaches and dedication to sustainability.

DitchCarbon Score

How does Pan American Silver'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.

51

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.

25

Industry Benchmark

Pan American Silver's score of 51 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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Pan American Silver's reported carbon emissions

In 2024, Pan American Silver reported total greenhouse gas emissions of approximately 1,294,022,000 kg CO2e, comprising 294,022,000 kg CO2e from Scope 1, 111,270,000 kg CO2e from Scope 2, and 1,179,378,000 kg CO2e from Scope 3 emissions. This marked a slight decrease from 2023, where total emissions were about 1,306,184,000 kg CO2e, with Scope 1 emissions at 309,318,000 kg CO2e, Scope 2 at 121,241,000 kg CO2e, and Scope 3 at 1,256,224,000 kg CO2e. Pan American Silver has set ambitious climate commitments, aiming to reduce its global Scope 1 and Scope 2 GHG emissions by at least 30% by 2030, using a 2019 baseline. This reduction will be achieved through initiatives such as optimising their portfolio and transitioning to lower emission intensity operations, alongside a shift to renewable energy sources where feasible. The company is currently on track to meet its near-term targets for Scope 2 emissions, while progress for Scope 1 remains to be confirmed. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of Pan American Silver's operations.

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20172018201920202021202220232024
Scope 1
179,842,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
113,971,000
000,000,000
-
000,000,000
000,000,000
00,000,000
000,000,000
000,000,000
Scope 3
-
-
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Pan American Silver's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pan American Silver's primary industry is Salt and Mineral Mining, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Pan American Silver's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Pan American Silver is in CA, which has a very low grid carbon intensity relative to other regions.

Pan American Silver'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.

Pan American Silver 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Pan American Silver's Emissions with Industry Peers

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Anglogold Ashanti

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•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 4 days ago

Osisko Mining Corporation

CA
•
Precious metals
Updated 4 days ago

Enav

IT
•
Other business services (74)
Updated 3 days ago

Hecla Mining

US
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 4 days ago

Northern Dynasty Minerals

CA
•
Other business services (74)
Updated 4 days ago

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Where does DitchCarbon data come from?

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