Xanadu Mines Ltd, commonly referred to as Xanadu, is a prominent exploration and development company headquartered in Mongolia (MN). Established in 2003, Xanadu focuses on the mining industry, primarily specialising in copper and gold projects within the highly prospective South Gobi region. The company has achieved significant milestones, including the discovery of the Kharmagtai copper-gold project, which showcases its commitment to sustainable mining practices and innovative exploration techniques. Xanadu's core offerings include advanced mineral exploration and resource development, distinguished by its strategic partnerships and cutting-edge technology. With a strong market position, Xanadu Mines is recognised for its potential to deliver high-quality resources, contributing to the global demand for copper and gold. The company continues to make strides in the mining sector, aiming to enhance its portfolio and drive sustainable growth.
How does Xanadu Mines'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 Salt and Mineral 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.
Xanadu Mines's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Xanadu Mines reported total carbon emissions of approximately 10,284,000 kg CO2e, comprising about 1,627,000 kg CO2e from Scope 1 and about 8,657,000 kg CO2e from Scope 2 emissions. This marks a significant increase in emissions compared to 2022, when the total was about 184,000 kg CO2e, with Scope 1 emissions at approximately 179,000 kg CO2e and Scope 2 at about 5,000 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Xanadu Mines. The company operates within the mining sector, which is under increasing scrutiny for its environmental impact, particularly regarding carbon emissions. As such, it is essential for Xanadu Mines to consider establishing clear climate commitments to align with industry standards and stakeholder expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 179,000 | 0,000,000 |
Scope 2 | 5,000 | 0,000,000 |
Scope 3 | - | - |
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.
Xanadu Mines 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.