Sibanye Stillwater Sustainability Profile
Sibanye Stillwater, a leading global precious metals mining company, is headquartered in South Africa (ZA) and operates primarily in the Southern African region and the United States. Founded in 2013, the company has rapidly established itself in the mining industry, focusing on gold and platinum group metals (PGMs). Sibanye Stillwater's core products include gold, platinum, palladium, and rhodium, which are essential for various industrial applications and automotive catalysts. The company is recognised for its commitment to sustainable mining practices and innovation, positioning itself as a responsible leader in the sector. With a strong market presence, Sibanye Stillwater has achieved significant milestones, including the acquisition of Stillwater Mining Company in 2017, enhancing its footprint in the North American market. This strategic expansion underscores its dedication to growth and operational excellence in the competitive mining landscape.
DitchCarbon Score
How does Sibanye Stillwater'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
Sibanye Stillwater's score of 33 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sibanye Stillwater's reported carbon emissions
In 2023, Sibanye Stillwater reported total greenhouse gas emissions of approximately 7,904,000,000 kg CO2e globally, with emissions broken down into Scope 1, 2, and 3 categories. Specifically, Scope 1 emissions accounted for about 417,000,000 kg CO2e, while Scope 2 emissions were approximately 6,213,500,000 kg CO2e. Scope 3 emissions totalled around 1,273,000,000 kg CO2e. In South Africa, the company reported total emissions of about 3,987,000,000 kg CO2e, with Scope 1 at approximately 113,000,000 kg CO2e and Scope 2 at about 2,932,000,000 kg CO2e. Sibanye Stillwater has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 27% by 2025, using 2010 as the base year. This target is aligned with the Science Based Targets initiative (SBTi) and reflects the company's commitment to sustainable practices within the mining sector. The company’s targets are designed to contribute to limiting global warming to 2°C, demonstrating a proactive approach to climate change mitigation. Overall, Sibanye Stillwater's emissions data and reduction targets highlight its ongoing efforts to address climate change while maintaining operational efficiency in the mining industry.
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| 2010 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,086,490,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 95,084,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Sibanye Stillwater's Scope 3 Categories Breakdown
Sibanye Stillwater's Scope 3 emissions, which increased by 12% last year and decreased by approximately 41% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 60% of Scope 3 emissions.
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Sibanye Stillwater'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.
Sibanye Stillwater has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Sibanye Stillwater's sustainability data and climate commitments