Savannah Resources plc, commonly referred to as Savannah Resources, is a prominent player in the mining and exploration industry, headquartered in Great Britain. Founded in 2010, the company has established a strong presence in key operational regions, particularly in Portugal and Oman, focusing on the extraction of critical minerals. Specialising in lithium and copper projects, Savannah Resources is recognised for its commitment to sustainable mining practices and innovative resource management. The company’s flagship projects, such as the Barroso Lithium Project, highlight its dedication to meeting the growing demand for essential materials in the green energy sector. With a strategic approach to exploration and development, Savannah Resources has achieved significant milestones, positioning itself as a leader in the European mining landscape. Its unique offerings and focus on sustainability set it apart in a competitive market, making it a noteworthy entity in the industry.
How does Savannah Resources'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.
Mean score of companies in the Business Services 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.
Savannah Resources's score of 26 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Savannah Resources reported a Scope 1 carbon intensity of approximately 78,700 kg CO2e per 1,000 tonnes of hydrocarbons. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025. Similarly, Savannah Resources is targeting a near-zero reduction for its Scope 2 emissions within the same timeframe. For 2022, the reported Scope 1 carbon intensity was about 0.0097 kg CO2e per barrel of oil equivalent (boe), while the overall carbon intensity across all scopes was approximately 0.0526 g CO2e per megajoule (MJ). These figures reflect Savannah Resources's commitment to improving its environmental performance in the mineral fuels and oils sector. Savannah Resources's proactive approach to climate action underscores its dedication to sustainability and reducing its carbon footprint in line with industry standards.
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.
Savannah Resources 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.