Southern Copper Corporation, often referred to as SCC, is a leading player in the copper ores and concentrates industry, headquartered in Peru (PE). Established in 1954, the company has grown to become one of the largest copper producers globally, with significant operations in Peru and Mexico.
Southern Copper focuses on the extraction, production, and sale of copper, molybdenum, and other minerals, setting itself apart with its commitment to sustainable practices and operational efficiency. The company’s core products include high-quality copper cathodes and concentrates, which are essential for various industrial applications.
With a strong market position, Southern Copper has achieved notable milestones, including substantial investments in technology and infrastructure, reinforcing its reputation as a reliable supplier in the global copper market.
+4 vs industry average
SOUTHERN COPPER’s score of 27 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Copper Mining has above-average carbon intensity
Industry performance
The Copper Mining industry has reduced its overall emissions by 45% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
SOUTHERN COPPER's reported carbon emissions
Southern Copper's latest reported Scope 1 and Scope 2 emissions were approximately 3.67 million kg CO2e in 2024. Scope 1 emissions for that year amounted to about 2,040 kg CO2e, with Scope 2 emissions at approximately 1,630 kg CO2e.
For 2024, Southern Copper also reported significant Scope 3 emissions totalling approximately 5.49 billion kg CO2e. Key contributors to its Scope 3 footprint include the processing of sold products (about 2.55 billion kg CO2e), purchased goods and services (approximately 1.51 billion kg CO2e), and fuel and energy-related activities (around 885 million kg CO2e).
The company's total reported emissions for 2024 were approximately 5.49 billion kg CO2e. This figure represents the sum of its Scope 1, 2, and 3 emissions.
In 2023, total reported emissions were approximately 3.58 billion kg CO2e, comprising about 1,920 kg CO2e of Scope 1 and roughly 1,650 kg CO2e of Scope 2 emissions. Scope 3 data was not fully disclosed for 2023, with a missing data point for purchased goods and services.
Southern Copper's emissions data is cascaded from its ultimate parent, Grupo México, S.A.B. de C.V. The company has not publicly detailed specific reduction targets or commitments, nor is it a signatory to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. Its operations are within the copper ores and concentrates industry.
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SOUTHERN COPPER’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for SOUTHERN COPPER yet.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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SOUTHERN COPPER
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