Savannah Resources plc, commonly referred to as Savannah Resources, is a UK-based mining and exploration company headquartered in London. Established in 2010, the company has made significant strides in the mineral resources sector, particularly in Portugal and Oman, where it focuses on the extraction of lithium and copper. Savannah Resources is renowned for its commitment to sustainable mining practices and innovative exploration techniques. The company’s flagship projects, including the Barroso Lithium Project in Portugal, position it as a key player in the growing electric vehicle market. With a strong emphasis on environmental responsibility, Savannah Resources has garnered recognition for its efforts in promoting sustainable resource development. As the demand for critical minerals continues to rise, Savannah Resources is well-placed to contribute to the global transition towards renewable energy solutions.
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 23 is higher than 77% 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 carbon emissions of approximately 70.7 million tonnes CO2e from Scope 1 and about 63,100 tonnes CO2e from Scope 2. This reflects a slight decrease from 2022, where emissions were around 71.5 million tonnes CO2e for Scope 1 and approximately 61,390 tonnes CO2e for Scope 2. The company has not established specific reduction targets or initiatives as part of its climate commitments, indicating a need for further development in this area. The carbon intensity for Scope 1 emissions was reported at 78,700 tonnes of CO2e per 1,000 tonnes of hydrocarbons, while the overall carbon intensity across all scopes was approximately 0.0549 grams CO2e per megajoule (MJ) of electricity. Savannah Resources is positioned within the mineral fuels and oils sector, which is under increasing scrutiny for its environmental impact. The absence of defined reduction targets suggests that the company may be in the early stages of formulating a comprehensive climate strategy.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 71,543,000 | 00,000,000 |
Scope 2 | 61,390 | 00,000 |
Scope 3 | - | - |
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 committed to any reduction initiatives 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.