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 4 is lower than 72% 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 total carbon emissions of approximately 180,037,000 kg CO2e from Scope 1 and 62,000 kg CO2e from Scope 2, alongside significant Scope 3 emissions of about 180,099,000 kg CO2e. This indicates a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Over the years, Saracen's emissions have shown fluctuations. For instance, in 2019, the company emitted around 177,908,000 kg CO2e from Scope 1 and 62,000 kg CO2e from Scope 2. In contrast, emissions from Scope 1 in 2018 were approximately 187,170,000 kg CO2e, suggesting a slight decrease in emissions over the subsequent year. Despite these figures, Saracen has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets indicates a potential area for improvement in their climate commitments. As the mining industry increasingly faces scrutiny regarding environmental impacts, establishing clear and measurable reduction goals could enhance Saracen's sustainability profile and align with industry best practices.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 000,000,000 |
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.
