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.
-13 vs industry average
Shanta Gold’s score of 5 is lower than 9% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Shanta Gold's reported carbon emissions
In 2022, Shanta Gold reported total emissions of approximately 44,726,000 kg CO2e, comprising 42,360,000 kg CO2e from Scope 1 and 2,366,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2021, Shanta Gold's total emissions were approximately 41,764,000 kg CO2e, with Scope 1 emissions at 36,750,000 kg CO2e and Scope 2 emissions at 5,014,000 kg CO2e. This indicates a slight increase in emissions from 2021 to 2022. Shanta Gold has not set any specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company operates as a current subsidiary of Shanta Gold Limited, with emissions data cascaded from this parent organization. Overall, while Shanta Gold has made strides in reporting its emissions, it currently lacks defined climate reduction strategies or targets.
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Shanta Gold’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Shanta Gold yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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