Silver Metal Group Limited
Silver Metal Group Limited, headquartered in Australia, is a prominent player in the mining and metals industry, specialising in silver and other precious metals. Founded in the early 2000s, the company has established itself as a key operator in major regions across Australia, focusing on sustainable mining practices and innovative extraction techniques. The core offerings of Silver Metal Group include high-quality silver products and refined metal solutions, distinguished by their commitment to environmental responsibility and operational efficiency. With a strong market position, the company has achieved significant milestones, including successful exploration projects and strategic partnerships that enhance its competitive edge. As a trusted name in the sector, Silver Metal Group Limited continues to drive advancements in the mining industry while prioritising sustainability and community engagement.
DitchCarbon Score
How does Silver Metal Group Limited'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 Lead, Zinc, and Tin Processing 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
Silver Metal Group Limited's score of 8 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Silver Metal Group Limited's reported carbon emissions
In 2022, Silver Metal Group Limited reported total carbon emissions of approximately 270,000 kg CO2e from Scope 1, 544,000 kg CO2e from Scope 2, and 592,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2021, where emissions were about 35,000 kg CO2e for Scope 1, 3,185,000 kg CO2e for Scope 2, and 3,302,000 kg CO2e for Scope 3. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. Notably, the reduction in Scope 2 emissions from 2021 to 2022 was substantial, decreasing by approximately 2,641,000 kg CO2e. Despite these reductions, Silver Metal Group Limited has not set specific reduction targets or climate pledges, which may limit their long-term climate strategy. The absence of formal commitments suggests a need for further action in aligning with industry standards for climate accountability.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 35,000 | 00,000 |
| Scope 2 | 3,185,000 | 000,000 |
| Scope 3 | 3,302,000 | 000,000 |
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.
Silver Metal Group Limited 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.
