Saracen Mineral Holdings Limited Sustainability Profile
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 89% 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 180.1 million kg CO2e, comprising about 180.0 million kg CO2e from Scope 1 and about 62,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Saracen's emissions have shown fluctuations over the years, with 2019 emissions recorded at approximately 178.0 million kg CO2e, and 2018 emissions at about 187.2 million kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). As a current subsidiary of Saracen Mineral Holdings Limited, the emissions data is directly sourced from the company itself, with no additional cascading from a parent organization. The company continues to monitor its emissions but has yet to establish formal climate commitments or reduction initiatives.
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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 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Saracen Mineral Holdings Limited's Industry?
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Saracen Mineral Holdings 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.
Saracen Mineral Holdings 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.
