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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 23 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Copper Mining is among the most carbon-intensive industries
The Copper Mining industry has reduced its overall emissions by 45% since 2018
Scope 3 accounts for ••• of total emissions.
SOUTHERN COPPER, headquartered in PE and operating in the Copper ores and concentrates industry, reported total greenhouse gas emissions of approximately 5.50 billion kg CO2e in 2024. This total includes Scope 1 emissions of approximately 2.04 billion kg CO2e, Scope 2 emissions of approximately 1.63 billion kg CO2e, and Scope 3 emissions of approximately 5.49 billion kg CO2e. Key contributors to Scope 3 emissions include processing of sold products (approximately 2.55 billion kg CO2e), purchased goods and services (approximately 1.51 billion kg CO2e), and fuel and energy related activities (approximately 884.81 million kg CO2e).
In 2023, SOUTHERN COPPER's Scope 1 emissions were approximately 1.92 billion kg CO2e and Scope 2 emissions were approximately 1.65 billion kg CO2e. In 2022, their Scope 1 emissions were about 2.00 billion kg CO2e and Scope 2 emissions were about 1.87 billion kg CO2e. The company's emissions data is sourced directly from Southern Copper Corporation. While the company has not publicly set specific climate reduction targets through initiatives like SBTi or Climate Pledge, its climate commitments are cascaded from its ultimate parent, Grupo México, S.A.B. de C.V., as indicated by its inclusion in the CA100+ initiative.
No climate goals have been disclosed for SOUTHERN COPPER yet.
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