SEMAFO Inc. Sustainability Profile
SEMAFO Inc., a prominent player in the mining industry, is headquartered in California and primarily operates in West Africa, focusing on gold exploration and production. Founded in 1995, the company has achieved significant milestones, including the successful development of several gold mines, which have positioned it as a key contributor to the region's economy. SEMAFO's core services revolve around the exploration, extraction, and processing of gold, with a commitment to sustainable practices and community engagement. The company is recognised for its innovative approaches to mining, which enhance operational efficiency and environmental stewardship. With a strong market presence, SEMAFO has garnered accolades for its safety standards and commitment to responsible mining, solidifying its reputation as a leader in the gold sector.
DitchCarbon Score
How does SEMAFO Inc.'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
SEMAFO Inc.'s score of 36 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SEMAFO Inc., headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is part of a corporate family that includes Endeavour Mining plc, from which it inherits emissions data and climate commitments. As a merged entity, SEMAFO Inc. aligns its climate initiatives with those of Endeavour Mining plc. However, no specific reduction targets or climate pledges have been documented for SEMAFO Inc. at this time. The lack of detailed emissions data and reduction initiatives suggests that the company may still be in the process of establishing its own climate strategy or reporting framework. In the broader context of the mining industry, companies are increasingly focusing on reducing their carbon footprints and committing to sustainability practices. SEMAFO Inc.'s future climate commitments may evolve as it integrates more closely with Endeavour Mining's sustainability goals and practices.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 766,934,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 86,217,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 226,883,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is SEMAFO Inc.'s Industry?
How Carbon Intensive is SEMAFO Inc.'s Location?
SEMAFO Inc.'s Scope 3 Categories Breakdown
SEMAFO Inc.'s Scope 3 emissions, which increased by 7% last year and increased by approximately 96% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 43% of Scope 3 emissions.
Top Scope 3 Categories
SEMAFO Inc.'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.
SEMAFO Inc. 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.
