Public Profile

SOUTHERN COPPER

Southern Copper Corporation, commonly referred to as Southern Copper, is a leading player in the mining industry, headquartered in Peru (PE). Founded in 1954, the company has established itself as a major producer of copper, with significant operations in Peru and Mexico. Specialising in the extraction and production of copper, molybdenum, and other minerals, Southern Copper is renowned for its high-quality products and sustainable mining practices. The company has achieved notable milestones, including expansions in its mining operations and advancements in environmentally responsible techniques. With a strong market position, Southern Copper is recognised for its commitment to operational excellence and innovation, making it a key contributor to the global copper supply chain. Its focus on efficiency and sustainability sets it apart in the competitive mining sector.

DitchCarbon Score

How does SOUTHERN COPPER'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 Copper 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.

2

Industry Benchmark

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

48%

SOUTHERN COPPER's reported carbon emissions

In 2023, Southern Copper Corporation reported carbon emissions of approximately 710,000,000 kg CO2e in Peru (PE), with Scope 1 emissions accounting for the entire total, as there were no Scope 2 emissions recorded. This represents a significant focus on direct emissions from their operations. Globally, the company reported total emissions of about 358,000,000,000 kg CO2e, which includes 281,200,000,000 kg CO2e from Scope 1, 9,500,000,000 kg CO2e from Scope 2, and 290,700,000,000 kg CO2e from Scope 3 emissions. Despite these figures, Southern Copper has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context. Overall, while Southern Copper's emissions data highlights their operational impact, the lack of defined climate pledges or reduction targets indicates an opportunity for improvement in their sustainability efforts.

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202120222023
Scope 1
62,300,000,000
00,000,000,000
000,000,000,000
Scope 2
6,400,000,000
0,000,000,000
0,000,000,000
Scope 3
290,700,000,000
00,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SOUTHERN COPPER's primary industry is Copper ores and concentrates, 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. SOUTHERN COPPER is headquartered in PE, which has a rank of medium, indicating medium 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.

SOUTHERN COPPER 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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