Peninsula Energy Limited Sustainability Profile
Peninsula Energy Limited, often referred to simply as Peninsula Energy, is an Australian-based company headquartered in Perth, Western Australia. Founded in 2007, the company has established itself in the uranium mining industry, focusing on the development and production of uranium from its flagship project, the Lance Projects in Wyoming, USA. Specialising in in-situ recovery (ISR) technology, Peninsula Energy offers a unique approach to uranium extraction that minimises environmental impact while maximising efficiency. The company has achieved significant milestones, including the successful transition to production and securing key regulatory approvals. With a strong commitment to sustainability and innovation, Peninsula Energy is well-positioned in the global uranium market, contributing to the growing demand for clean energy solutions.
DitchCarbon Score
How does Peninsula Energy Limited'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
Peninsula Energy Limited's score of 5 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Peninsula Energy Limited's reported carbon emissions
In 2024, Peninsula Energy Limited, headquartered in Australia, reported significant emissions associated with its uranium production processes. The company disclosed that approximately 53,400 kg CO2e is emitted per tonne of U3O8 produced, alongside an additional 8,000 kg CO2e linked to the sulphuric acid used in its processing plant. However, specific Scope 1, 2, and 3 emissions data were not provided. Peninsula Energy is committed to reducing its greenhouse gas emissions as part of its climate strategy. The company has set near-term net-zero targets for both Scope 1 and Scope 2 emissions, aiming for reductions between 2023 and 2030. This commitment reflects Peninsula's recognition of its responsibility to mitigate climate change impacts, particularly through the promotion of nuclear energy, which is intended to reduce reliance on fossil fuels. While no specific percentage reduction targets were disclosed, the company's initiatives align with broader industry efforts to transition towards more sustainable energy sources. As of now, there are no emissions data cascaded from a parent organization, indicating that Peninsula Energy is independently managing its climate commitments.
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Peninsula Energy Limited'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.
Peninsula Energy Limited 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.
