Public Profile

Silvercorp Metals

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.

DitchCarbon Score

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.

12

Industry Average

Mean score of companies in the Other Non-Ferrous Metal Products 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.

1

Industry Benchmark

Silvercorp Metals's score of 12 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Silvercorp Metals's reported carbon emissions

In 2023, Silvercorp Metals reported total greenhouse gas emissions of approximately 76,748,000 kg CO2e, comprising 1,870,000 kg CO2e from Scope 1 emissions and 74,878,000 kg CO2e from Scope 2 emissions. This marked a slight increase from 2022, where total emissions were about 65,386,000 kg CO2e. The company has shown a commitment to monitoring and reporting its emissions, with a focus on both Scope 1 and Scope 2 emissions, which are primarily derived from stationary combustion and purchased electricity. Despite the increase in emissions, Silvercorp has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests that while the company is tracking its emissions, it may not yet have formalised commitments to reduce them in line with industry standards or climate pledges. Overall, Silvercorp Metals is actively engaged in emissions reporting, but further clarity on its climate commitments and reduction strategies would enhance its sustainability profile.

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201920202021202220232024
Scope 1
2,032,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
56,240,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Silvercorp Metals's primary industry is Other non-ferrous metal products, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Silvercorp Metals is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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