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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.
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.
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.
SOUTHERN COPPER's score of 24 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Southern Copper's carbon emissions in Peru (PE) totalled approximately 710,000,000 kg CO2e, all of which fall under Scope 1 emissions, as there were no Scope 2 emissions reported. This figure reflects the company's direct greenhouse gas emissions from its operations. Globally, Southern Copper reported a total of about 281,200,000,000 kg CO2e in Scope 1 emissions, 9,500,000,000 kg CO2e in Scope 2 emissions, and 290,700,000,000 kg CO2e in Scope 3 emissions, indicating a comprehensive approach to tracking its carbon footprint across all scopes. Despite the significant emissions figures, there are currently no specific reduction targets or climate pledges documented for Southern Copper. The company is a current subsidiary of Grupo México, S.A.B. de C.V., which may influence its climate strategies and reporting practices. Overall, while Southern Copper has substantial emissions, the absence of defined reduction initiatives highlights an area for potential improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
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 |
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 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.