Silvercorp Metals Inc., a prominent player in the mining industry, is headquartered in Canada and primarily operates in the silver and precious metals sector. Founded in 2003, the company has established itself as a leader in the exploration, development, and production of silver, with significant operations in China. Silvercorp is renowned for its high-grade silver mines, particularly the Ying Mining District, which showcases the company's commitment to sustainable mining practices and operational excellence. With a focus on silver, lead, and zinc production, Silvercorp has achieved notable milestones, including consistent profitability and a strong market position within the industry. The company's unique approach to resource extraction and its dedication to environmental stewardship set it apart, making Silvercorp Metals a key player in the global precious metals market.
How does Silvercorp Metals'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.
Mean score of companies in the 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.
Silvercorp Metals's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Silvercorp Metals reported total carbon emissions of approximately 76748000 kg CO2e, with Scope 1 emissions at about 22731000 kg CO2e and Scope 2 emissions at approximately 398463000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled around 423882000 kg CO2e. Over the years, Silvercorp has seen fluctuations in its emissions, with a notable increase in total emissions from about 64922000 kg CO2e in 2021 to the current figure. Despite these increases, there are no specific reduction targets or initiatives outlined in their recent reports, indicating a lack of formal commitments to reduce emissions at this time. The company operates within the mining sector, which is under increasing scrutiny for its environmental impact, particularly regarding greenhouse gas emissions. As such, Silvercorp's future climate commitments may evolve in response to industry standards and stakeholder expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 468,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 13,336,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Silvercorp Metals 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.