Saracen Mineral Holdings Limited
Saracen Mineral Holdings Limited, commonly referred to as Saracen, is a prominent Australian gold mining company headquartered in Perth, Western Australia. Established in 2010, Saracen has rapidly evolved within the mining sector, focusing primarily on gold exploration and production across its key operational regions in Western Australia. The company is renowned for its high-quality gold assets, including the Carosue Dam and Thunderbox operations, which contribute significantly to its robust portfolio. Saracen's commitment to sustainable mining practices and innovative extraction techniques sets it apart in the competitive landscape. With a strong market position, Saracen has achieved notable milestones, including substantial production increases and strategic acquisitions, solidifying its reputation as a leader in the Australian gold industry.
DitchCarbon Score
How does Saracen Mineral Holdings 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 Precious Metal Production 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
Saracen Mineral Holdings Limited's score of 7 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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Saracen Mineral Holdings Limited's reported carbon emissions
In 2020, Saracen Mineral Holdings Limited reported significant carbon emissions in Australia, with Scope 1 emissions totalling approximately 180,037,000 kg CO2e and Scope 2 emissions at about 62,000 kg CO2e. This data reflects a slight increase in Scope 1 emissions from 2019, where they were around 177,908,000 kg CO2e, while Scope 2 emissions remained consistent at approximately 62,000 kg CO2e. Saracen has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. The emissions data is cascaded from Saracen Mineral Holdings Limited, which is the source organization for the reported figures. As a current subsidiary, Saracen's emissions reporting aligns with industry standards, but further commitments or initiatives to reduce their carbon footprint have not been specified. Overall, while Saracen Mineral Holdings Limited has made strides in transparency regarding their emissions, there is a clear opportunity for the company to establish and communicate more robust climate commitments moving forward.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 31,749,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 38,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| 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.
Saracen Mineral Holdings 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.
