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Public Profile
Precious Metal Production
CA
updated a month ago

Silvercrest Metal

Company website

Silvercrest Metals Inc., headquartered in California, is a prominent player in the mining industry, specialising in the exploration and development of precious metal resources. Founded in 2010, the company has made significant strides in the sector, particularly in Mexico, where it operates key projects that showcase its commitment to sustainable mining practices. Silvercrest is renowned for its high-grade silver and gold deposits, with a focus on the Las Chispas project, which has garnered attention for its exceptional resource potential. The company’s innovative approach to exploration and development has positioned it as a leader in the market, earning accolades for its operational efficiency and environmental stewardship. With a strong emphasis on quality and sustainability, Silvercrest Metals continues to set benchmarks in the mining industry.

DitchCarbon Score

How does Silvercrest Metal'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.

17

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.

13

Industry Benchmark

Silvercrest Metal's score of 17 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Silvercrest Metal's reported carbon emissions

In 2022, Silvercrest Metals Inc., headquartered in California, reported total carbon emissions of approximately 19,126,000 kg CO2e. This figure includes about 11,137,000 kg CO2e from Scope 1 emissions and approximately 8,098,000 kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any Scope 3 emissions data. Despite the significant emissions, Silvercrest Metals has not established specific reduction targets or climate pledges as part of its sustainability initiatives. The emissions data is cascaded from the parent company, SilverCrest Metals Inc., and reflects the company's operational footprint without any inherited targets from related organizations. As the mining industry faces increasing scrutiny regarding its environmental impact, Silvercrest Metals is positioned to enhance its climate commitments and align with industry standards. However, as of now, the absence of defined reduction strategies indicates an opportunity for the company to strengthen its climate action framework.

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2022
Scope 1
11,137,000
Scope 2
8,098,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Silvercrest Metal's primary industry is Precious metals, which is medium 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. This request for Silvercrest Metal is in CA, which has a low grid carbon intensity relative to other regions.

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.

Silvercrest Metal 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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