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 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 20 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Southern Copper Corporation reported carbon emissions of approximately 710,000,000 kg CO2e in Peru, with all emissions classified under Scope 1. This represents a significant reduction from previous years, as the company emitted about 800,000,000 kg CO2e in 2022 and 870,000,000 kg CO2e in 2019. Globally, Southern Copper's emissions for 2023 totalled around 3,580,000,000 kg CO2e, with Scope 1 emissions at approximately 1,920,000,000 kg CO2e and Scope 2 emissions at about 1,650,000,000 kg CO2e. The company has shown a trend of decreasing emissions intensity, with a reported emission intensity of about 3,600 kg CO2e per tonne of copper produced in 2023. Despite these reductions, Southern Copper has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of the mining industry, which faces increasing scrutiny regarding carbon emissions and sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,740,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,960,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - |
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.