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.
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.
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.
Peninsula Energy Limited's score of 10 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Peninsula Energy Limited does not report specific carbon emissions figures. However, the company has established significant climate commitments aimed at reducing greenhouse gas emissions associated with its operations. Peninsula Energy is focused on achieving net-zero emissions for both Scope 1 and Scope 2 by 2030. The company acknowledges its responsibility to mitigate climate change impacts and aims to reduce reliance on fossil fuels through its planned uranium production, which will support nuclear power generation. These initiatives reflect Peninsula Energy's commitment to sustainability and its role in the transition to cleaner energy sources. The company is actively working towards these targets, although specific reduction percentages have not been disclosed. Overall, while no absolute emissions data is currently available, Peninsula Energy's proactive approach to climate commitments positions it as a responsible player in the energy sector, particularly in the context of nuclear energy's potential to reduce carbon emissions.
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.
Peninsula Energy Limited 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.