Turquoise Hill Resources Ltd., a prominent player in the mining industry, is headquartered in Canada and primarily operates in Mongolia, where it focuses on the extraction of copper and gold. Founded in 1994, the company has achieved significant milestones, including the development of the Oyu Tolgoi project, one of the largest copper-gold mines in the world. Turquoise Hill is renowned for its commitment to sustainable mining practices and innovative technologies, which enhance operational efficiency and minimise environmental impact. With a strong market position, the company has garnered recognition for its contributions to the global copper supply chain, making it a key player in the industry. Through its strategic initiatives and dedication to responsible resource management, Turquoise Hill Resources continues to shape the future of mining.
How does Turquoise Hill Resources 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.
Mean score of companies in the Lead, Zinc, and Tin Processing 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.
Turquoise Hill Resources Ltd.'s score of 27 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Turquoise Hill Resources Ltd. reported total carbon emissions of approximately 1,738,426,000 kg CO2e. This figure represents a slight increase from 2020, when emissions were about 1,604,224,000 kg CO2e. Over the past few years, emissions have fluctuated, with 2019 emissions recorded at about 1,596,287,000 kg CO2e and 2018 at approximately 1,514,205,000 kg CO2e. Turquoise Hill Resources does not currently disclose specific data on Scope 1, 2, or 3 emissions, nor does it have defined reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company is a current subsidiary of Rio Tinto Group, which may influence its climate commitments and reporting practices. Emissions data may be cascaded from Rio Tinto Group, reflecting the broader corporate family's environmental impact. Despite the lack of specific reduction targets, the company operates within an industry context that increasingly prioritises sustainability and carbon reduction. As a subsidiary, Turquoise Hill Resources may align its climate strategies with those of its parent company, Rio Tinto Group, which has established various sustainability initiatives. However, specific commitments or targets from Turquoise Hill Resources itself remain unspecified.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Turquoise Hill Resources Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.