Shanta Gold
Shanta Gold Limited, commonly referred to as Shanta Gold, is a prominent gold mining company headquartered in the British Overseas Territory of Gibraltar (GG). Founded in 2001, the company has established a strong presence in East Africa, particularly in Tanzania, where it operates several key projects, including the New Luika Gold Mine and the Singida Gold Project. Specialising in the exploration, development, and production of gold, Shanta Gold is recognised for its commitment to sustainable mining practices and community engagement. The company has achieved significant milestones, including the successful expansion of its production capacity and a robust pipeline of exploration projects. With a focus on high-grade gold deposits, Shanta Gold has positioned itself as a competitive player in the global mining industry, consistently delivering value to its stakeholders.
DitchCarbon Score
How does Shanta Gold'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 Salt and Mineral Mining 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
Shanta Gold's score of 19 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanta Gold's reported carbon emissions
In 2022, Shanta Gold reported total carbon emissions of approximately 42,360,000 kg CO2e from Scope 1 and 2 sources combined. This figure includes about 42,360,000 kg CO2e from Scope 1 emissions and approximately 2,366,000 kg CO2e from Scope 2 emissions, resulting in a total of about 44,726,000 kg CO2e for both scopes. The emissions intensity for the same year was reported at 710 kg CO2e per ounce of gold sold. Comparatively, in 2021, Shanta Gold's emissions were approximately 41,764,000 kg CO2e, with Scope 1 emissions at about 36,750,000 kg CO2e and Scope 2 emissions at approximately 5,014,000 kg CO2e. The emissions intensity for 2021 was slightly higher at 730 kg CO2e per ounce of gold sold. Shanta Gold has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company operates as a current subsidiary of Shanta Gold Limited, and all emissions data is cascaded from this parent organization. There are no reported Scope 3 emissions, and the company has not set any Science-Based Targets Initiative (SBTi) reduction targets. Overall, Shanta Gold's emissions data reflects a commitment to transparency, although further details on reduction strategies and climate pledges are currently unavailable.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Shanta Gold 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.
