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Copper Mining
PE
updated a month ago

SOUTHERN COPPER Sustainability Profile

Company website

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.

48

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.

21

Industry Benchmark

SOUTHERN COPPER's score of 48 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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SOUTHERN COPPER's reported carbon emissions

In 2024, Southern Copper's total carbon emissions amounted to approximately 3,670,000 kg CO2e, with Scope 1 emissions at about 2,040,000 kg CO2e and Scope 2 emissions at around 1,630,000 kg CO2e. The company reported significant Scope 3 emissions, totalling approximately 5,494,000,000 kg CO2e, which includes categories such as processing of sold products and purchased goods and services. For the year 2023, Southern Copper's emissions in Peru were approximately 710,000,000 kg CO2e, with Scope 1 emissions contributing about 710,000,000 kg CO2e and no reported Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets currently in place. Southern Copper's emissions data is cascaded from its parent company, Grupo México, S.A.B. de C.V., reflecting its status as a current subsidiary. The company is actively engaged in monitoring its carbon footprint but has yet to establish formal reduction initiatives or pledges.

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Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
-
0,000
0,000
00,000,000,000
00,000,000,000
000,000,000,000
0,000
Scope 2
-
0,000
0,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000
Scope 3
-
-
-
000,000,000,000
00,000,000,000
000,000,000,000
0,000,000,000

How Carbon Intensive is SOUTHERN COPPER's Industry?

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.

How Carbon Intensive is SOUTHERN COPPER's Location?

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 SOUTHERN COPPER is in PE, which has a low grid carbon intensity relative to other regions.

SOUTHERN COPPER's Scope 3 Categories Breakdown

SOUTHERN COPPER's Scope 3 emissions, which decreased by 98% last year and decreased by approximately 98% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 46% of Scope 3 emissions.

Top Scope 3 Categories

2024
Processing of Sold Products
46%
Purchased Goods and Services
27%
Fuel and Energy Related Activities
16%
Downstream Transportation & Distribution
5%
Capital Goods
4%
Upstream Transportation & Distribution
<1%
Waste Generated in Operations
<1%
Business Travel
<1%
Employee Commuting
<1%

SOUTHERN COPPER'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.

SOUTHERN COPPER 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.

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

Compare SOUTHERN COPPER's Emissions with Industry Peers

Barrick Gold

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 4 days ago

First Quantum Minerals

CA
•
Copper ores and concentrates
Updated 6 days ago

Fortescue

AU
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 7 days ago

Southern Alliance Mining

MY
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 13 days ago

Unocal Corporation

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 19 days ago

Kghm Polska Miedz

PL
•
Copper products
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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