Public Profile

Solaris Resources

Solaris Resources Inc., a prominent player in the mining industry, is headquartered in Vancouver, Canada, with significant operations in South America, particularly in Peru and Ecuador. Founded in 2018, the company has quickly established itself as a leader in the exploration and development of copper and gold projects, focusing on sustainable practices and innovative technologies. The core offerings of Solaris Resources include advanced exploration and development of mineral resources, with a unique emphasis on environmentally responsible mining. Their flagship projects, such as the Warintza and La Verde, showcase their commitment to high-quality resource development. With a strong market position, Solaris has garnered attention for its strategic partnerships and successful financing initiatives, positioning itself as a key player in the global mining sector.

DitchCarbon Score

How does Solaris Resources'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 Mineral Mining 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.

17

Industry Benchmark

Solaris Resources's score of 17 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

Solaris Resources's reported carbon emissions

In 2021, Solaris Resources reported total carbon emissions of approximately 2.68 million tonnes CO2e. This figure includes 1.6 million tonnes CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and about 1.08 million tonnes CO2e from Scope 3 emissions, which encompass indirect emissions from the value chain. Scope 2 emissions, related to the purchase of electricity, steam, heating, and cooling, were minimal at just over 2,100 tonnes CO2e. Solaris Resources is actively engaged in climate commitments, participating in the UN Global Compact and the Climate Ambition Accelerator initiative. The company is dedicated to enhancing its sustainability practices, although specific reduction targets have not been disclosed. Their commitment to climate action reflects a broader industry trend towards transparency and accountability in emissions reporting and reduction strategies.

Unlock detailed emissions data

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Add to project
2021
Scope 1
1,600,672
Scope 2
2,106
Scope 3
1,075,455

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solaris Resources's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., 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. Solaris Resources 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.

Solaris Resources is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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