Waratah Minerals Limited Sustainability Profile
Waratah Minerals Limited, a prominent player in the mining and exploration sector, is headquartered in Australia. Founded in 2021, the company has quickly established itself in the resource industry, focusing on the exploration and development of mineral assets, particularly in the precious and base metals markets. With operations primarily in Australia, Waratah Minerals is dedicated to sustainable practices and innovative exploration techniques. The company’s core offerings include high-quality mineral exploration services, which are distinguished by their commitment to environmental stewardship and community engagement. Waratah Minerals has achieved significant milestones in a short span, positioning itself as a competitive force in the mining sector. Its strategic approach and dedication to excellence have garnered attention, making it a noteworthy entity in the Australian mining landscape.
DitchCarbon Score
How does Waratah Minerals Limited'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 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.
Industry Benchmark
Waratah Minerals Limited's score of 6 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Waratah Minerals Limited's reported carbon emissions
In 2022, Waratah Minerals Limited reported total emissions of approximately 124,481,000 kg CO2e, which includes 396,000 kg CO2e from Scope 1 and 124,085,000 kg CO2e from Scope 2 emissions. The company has set an ambitious target to reduce its total Scope 1 and 2 emissions by 50% by 2030, using 2018 as the baseline year. This commitment reflects Waratah's dedication to addressing climate change and aligns with industry standards for emissions reduction. As of 2023, no new emissions data has been disclosed, and the company has not reported any Scope 3 emissions. The latest available data indicates that Waratah Minerals is actively working towards its reduction goals, although specific progress updates have not been provided. The company's initiatives are crucial in the context of the broader industry efforts to mitigate climate impacts and transition towards sustainable practices.
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| 2022 | |
|---|---|
| Scope 1 | 396,000 |
| Scope 2 | 124,085,000 |
| Scope 3 | - |
How Carbon Intensive is Waratah Minerals Limited's Industry?
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Waratah Minerals Limited's Climate Goals (2030 & 2050)
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.
Waratah Minerals Limited 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.
