Pan American Silver
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.
+30 vs industry average
Pan American Silver’s score of 48 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Pan American Silver's reported carbon emissions
In 2025, Pan American Silver reported total carbon emissions of approximately 1,275,000,000 kg CO2e, comprising 233,011,000 kg CO2e from Scope 1, 40,514,000 kg CO2e from Scope 2, and 1,022,405,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing global Scope 1 and Scope 2 greenhouse gas emissions by at least 30% by 2030, using a 2019 baseline. The reduction strategy includes a 20% to 25% decrease through portfolio optimisation and transitioning to lower emission intensity operations, alongside a 5% to 10% reduction via the shift to renewable energy sources where feasible. In 2024, the company reported total emissions of approximately 1,191,000,000 kg CO2e, with Scope 1 emissions at 294,022,000 kg CO2e, Scope 2 at 78,073,000 kg CO2e, and Scope 3 at 1,179,378,000 kg CO2e. The 2023 emissions were approximately 1,258,000,000 kg CO2e, with Scope 1 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's climate commitments are significant, aiming for substantial reductions in emissions through strategic initiatives, reflecting a proactive approach to sustainability in the mining sector.
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Pan American Silver’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in Scope 1
Nos comprometemos a reducir nuestras estimaciones globales de emisiones de GEI de Alcance 1 y 2 en al menos un 30% para 2030 (a partir de la…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Pan American Silver
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