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 lower than 100% 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 their ongoing commitment to monitoring and managing greenhouse gas emissions. In 2022, no emissions data was disclosed, but the company has consistently reported emissions across Scopes 1 and 2 in previous years. For instance, in 2021, Volcan's emissions included approximately 56,589,000 kg CO2e (Scope 1) and 122,540,000 kg CO2e (Scope 2), alongside 179,335,000 kg CO2e from Scope 3 emissions, which encompass business travel, purchased goods and services, and waste generated in operations. Volcan has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s emissions intensity has varied, with a reported intensity of 80.0 kg CO2e per tonne for the Alpamarca operation in 2023. Overall, while Volcan has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability.
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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.
