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.
+1 vs industry average
Saracen Mineral Holdings Limited’s score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Precious Metal Production is among the most carbon-intensive industries
Industry performance
The Precious Metal Production industry has reduced its overall emissions by 54% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Saracen Mineral Holdings Limited's reported carbon emissions
In 2021, Saracen Mineral Holdings Limited reported total carbon emissions of approximately 1.16 billion kg CO2e, comprising 692 million kg CO2e from Scope 1, 477 million kg CO2e from Scope 2, and 204 million kg CO2e from Scope 3 emissions. The company has set near-term climate commitments to assess electric truck haulage for its operational model, targeting reductions in both Scope 1 and Scope 2 emissions by 2025. The emissions data is cascaded from Saracen Mineral Holdings Limited, which is a current subsidiary, and reflects their ongoing commitment to sustainability within the mining industry. The company is actively working towards integrating more sustainable practices to mitigate its carbon footprint.
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Saracen Mineral Holdings Limited’s Climate Goals (2030 & 2050)
2 goals2025
We will also continue to assess electric truck haulage for o…
We will also continue to assess electric truck haulage for our existing hub and spoke operational model.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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