SOUTHERN COPPER Sustainability Profile
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.
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.
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.
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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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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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?
How Carbon Intensive is SOUTHERN COPPER's Location?
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
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.
