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 74% 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 for Scope 1, 62,000 kg CO2e for Scope 2, and 180,099,000 kg CO2e for Scope 3, resulting in a combined total of about 360,198,000 kg CO2e. This marked a slight increase in Scope 1 emissions compared to 2019, where they recorded approximately 177,908,000 kg CO2e for Scope 1 and maintained Scope 2 emissions at 62,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, it is essential to note that Saracen operates within the mining industry, which is under increasing pressure to enhance sustainability practices and reduce greenhouse gas emissions. The absence of formal climate pledges or reduction targets suggests that Saracen may need to develop a more robust strategy to align with industry standards and stakeholder expectations regarding climate commitments.
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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.
