Silvercrest Metal Sustainability Profile
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.
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
Silvercrest Metal's score of 20 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Silvercrest Metal's reported carbon emissions
In 2022, Silvercrest Metals Inc., headquartered in California, reported significant carbon emissions totalling approximately 11,137,000 kg CO2e for Scope 1 and about 8,098,000 kg CO2e for Scope 2. This data reflects the company's direct and indirect emissions from its operations, with no reported emissions for Scope 3. Despite the substantial emissions figures, Silvercrest Metals has not established specific reduction targets or climate pledges as of the latest data. The emissions data is cascaded from the parent company, SilverCrest Metals Inc., and is supported by performance metrics from Coeur Mining, Inc., which is a current subsidiary in the corporate family relationship. Silvercrest Metals is committed to addressing its carbon footprint, although specific initiatives or targets have not been disclosed. The company continues to monitor its emissions and may develop future strategies to enhance its climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 11,137,000 |
| Scope 2 | 8,098,000 |
| Scope 3 | - |
How Carbon Intensive is Silvercrest Metal's Industry?
How Carbon Intensive is Silvercrest Metal's Location?
Silvercrest Metal'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.
Silvercrest Metal has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
