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Saracen Mineral Holdings Limited, commonly referred to as Saracen, is a prominent player in the precious metals industry, headquartered in Australia. Founded in 1988, the company has established itself as a significant force in gold production, primarily operating in Western Australia, a region renowned for its rich mineral resources.
Saracen focuses on the exploration, development, and production of gold, with a commitment to sustainable practices and community engagement. The company’s core operations include the Thunderbox and Carosue Dam gold mines, which are distinguished by their high-grade deposits and efficient processing capabilities.
With a strong market position, Saracen has achieved notable milestones, including substantial increases in production and reserves, solidifying its reputation as a reliable and innovative gold producer in the competitive mining sector.
+1 vs industry average
Saracen Mineral Holdings Limited’s score of 15 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Production is among the most carbon-intensive industries
The Precious Metal Production industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Saracen Mineral Holdings Limited, an Australian precious metals company, reported its most recent carbon emissions for 2021. Their total Scope 1 emissions were 692,000,000 kg CO2e, Scope 2 emissions were 477,000,000 kg CO2e, and Scope 3 emissions were 204,000,000 kg CO2e. Key categories within Scope 3 included purchased goods and services at 126,822,000 kg CO2e, and fuel and energy related activities at 53,573,000 kg CO2e.
While specific reduction targets with quantified percentages are not available, the company has indicated climate commitments. Saracen Mineral Holdings Limited is assessing electric truck haulage for its operational model, which could contribute to reducing both Scope 1 and Scope 2 emissions. This commitment was noted with a target year of 2023, for the period between 2023 and 2025. All emissions data and climate commitments are directly from Saracen Mineral Holdings Limited.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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