Volcan
Volcan Compañía Minera S.A.A., commonly referred to as Volcan, is a leading mining company headquartered in Peru (PE). Established in 1943, Volcan has grown to become a significant player in the mining industry, primarily focusing on the extraction and production of zinc, lead, and silver. With major operations in the central highlands of Peru, the company has achieved notable milestones, including the expansion of its mining facilities and the implementation of advanced technologies. Volcan's core products, including high-quality zinc and lead concentrates, are distinguished by their purity and sustainability practices. The company is recognised for its commitment to responsible mining and environmental stewardship, positioning itself as a trusted supplier in the global market. With a strong market presence, Volcan continues to contribute to Peru's economy while maintaining a focus on innovation and operational excellence.
DitchCarbon Score
How does Volcan'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.
Industry Average
Mean score of companies in the Lead, Zinc, and Tin 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.
Industry Benchmark
Volcan's score of 10 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Volcan's reported carbon emissions
In 2023, Volcan reported carbon emissions of approximately 59,927,000 kg CO2e for Scope 1 and about 150,921,000 kg CO2e for Scope 2. This reflects a commitment to transparency in their emissions reporting, although no data for Scope 3 emissions was disclosed for this year. In 2022, emissions data was not available, but previous years show a trend of significant emissions. For instance, in 2021, Volcan's emissions included approximately 56,589,000 kg CO2e (Scope 1), 122,540,000 kg CO2e (Scope 2), and 179,335,000 kg CO2e (Scope 3). The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. Volcan's emissions intensity has varied, with a reported intensity of 80.0 kg CO2e per tonne for the Alpamarca site in 2023. The company operates in the mining sector, which is under increasing scrutiny for its environmental impact, making their emissions data and future commitments critical for stakeholders. Overall, while Volcan has made strides in emissions reporting, the absence of reduction targets suggests a need for enhanced climate action strategies moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 169,798,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 63,911,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Volcan is not committed to any reduction initiatives 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.
