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 2 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shanta Gold's reported carbon emissions
In 2022, Shanta Gold reported total carbon emissions of approximately 44,726,000 kg CO2e, comprising about 36,750,000 kg CO2e from Scope 1 and about 7,976,000 kg CO2e from Scope 2. This marked a decrease from 2021, where emissions were approximately 41,764,000 kg CO2e, with Scope 1 emissions at about 42,360,000 kg CO2e and Scope 2 at about 5,404,000 kg CO2e. In 2020, the company recorded total emissions of about 37,913,000 kg CO2e, with Scope 1 emissions at approximately 37,913,000 kg CO2e and Scope 2 at about 4,000,000 kg CO2e. Despite these figures, Shanta Gold has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, which was reported at 710 tCO2e per ounce of gold sold in 2022, down from 730 tCO2e in 2021. Shanta Gold's headquarters is located in GG, and the company is committed to addressing its carbon footprint as part of its broader sustainability efforts.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 37,913,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 4,000,000 | 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 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.
