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Public Profile
Precious Metal Production
CA
updated 5 months ago

Thor Explorations Ltd.

Company website

Thor Explorations Ltd., a prominent player in the mining industry, is headquartered in Canada and primarily operates in Nigeria, where it focuses on gold exploration and production. Founded in 2010, the company has achieved significant milestones, including the successful development of its flagship Segilola Gold Project, which commenced production in 2021. Specialising in gold mining, Thor Explorations distinguishes itself through its commitment to sustainable practices and community engagement. The company’s strategic approach has positioned it as a key contributor to Nigeria's mining sector, with a growing reputation for operational excellence. With a focus on expanding its resource base and enhancing shareholder value, Thor Explorations Ltd. continues to solidify its market position as a leading gold producer in West Africa.

DitchCarbon Score

How does Thor Explorations Ltd.'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.

15

Industry Average

Mean score of companies in the Precious Metal Production 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.

27

Industry Benchmark

Thor Explorations Ltd.'s score of 15 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Thor Explorations Ltd.'s reported carbon emissions

Thor Explorations Ltd., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Thor Explorations Ltd. has not inherited any emissions data from a parent company, nor does it have any commitments to science-based targets (SBTi) or other industry-standard climate initiatives. This lack of data and commitments suggests that the company may still be in the early stages of developing its climate strategy and emissions reporting framework. In the context of the mining industry, where carbon emissions and sustainability are increasingly scrutinised, it is essential for companies like Thor Explorations Ltd. to establish clear climate commitments and reduction targets to align with global efforts to mitigate climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thor Explorations Ltd.'s primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Thor Explorations Ltd. is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Thor Explorations Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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