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 29 is higher than 69% 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 total carbon emissions of approximately 710,000,000 kg CO2e for its operations in Peru (PE), with Scope 1 emissions accounting for the entirety of this figure, as there were no Scope 2 emissions reported. The company also disclosed global emissions of about 358,000,000,000 kg CO2e, which included Scope 1 emissions of approximately 281,200,000,000 kg CO2e and Scope 2 emissions of about 9,500,000,000 kg CO2e. In previous years, Southern Copper's emissions have shown variability. For instance, in 2021, the company reported Scope 1 emissions of approximately 62,300,000,000 kg CO2e, Scope 2 emissions of about 6,400,000,000 kg CO2e, and significant Scope 3 emissions of around 290,700,000,000 kg CO2e. The emission intensity for 2021 was reported at approximately 3,500 kg CO2e per tonne of copper produced. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives disclosed by Southern Copper, such as those aligned with the Science Based Targets initiative (SBTi). The company has not committed to any formal climate pledges, indicating a potential area for future development in their sustainability strategy. Overall, while Southern Copper has made strides in transparency regarding its emissions, the absence of defined reduction targets suggests that further commitments may be necessary to align with global climate goals.
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.