Adriatic Metals
Adriatic Metals Plc, a prominent player in the mining industry, is headquartered in Great Britain and primarily operates in the Balkans region, particularly in Bosnia and Herzegovina. Founded in 2017, the company has quickly established itself as a leader in the exploration and development of high-grade silver and zinc projects, notably the Vares Project. Adriatic Metals is renowned for its commitment to sustainable mining practices and innovative extraction techniques, which set it apart in a competitive market. The company has achieved significant milestones, including successful resource estimates and advancing its projects towards production. With a strong focus on environmental stewardship and community engagement, Adriatic Metals continues to enhance its market position, making it a noteworthy entity in the global mining landscape.
DitchCarbon Score
How does Adriatic Metals'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 Precious Metal Production 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
Adriatic Metals's score of 16 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Adriatic Metals's reported carbon emissions
In 2023, Adriatic Metals reported significant carbon emissions, totalling approximately 6,448,740 kg CO2e from Scope 1 mobile combustion and 1,104,300 kg CO2e from process emissions. The company's total Scope 1 emissions reached about 575,357,220 kg CO2e, while Scope 3 emissions from employee commuting accounted for approximately 9,403,100 kg CO2e. In 2022, the company recorded minimal emissions in the UK, with Scope 2 emissions from purchased electricity at about 2,100 kg CO2e. The global emissions for the same year included approximately 1,103,220 kg CO2e from process emissions and 303,300 kg CO2e from purchased electricity, indicating a total of about 1,269,200 kg CO2e for Scope 1 and 2 combined. Adriatic Metals has not set specific reduction targets or initiatives as part of their climate commitments, and there are no reported SBTi targets. The emissions data is cascaded from their parent company, Adriatic Metals PLC, reflecting their current subsidiary status. The company continues to monitor and report its emissions, aiming for transparency in its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 575,357,220 | 0,000,000 |
| Scope 2 | 303,300 | - |
| Scope 3 | 9,403,060 | 0,000,000 |
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.
Adriatic Metals is not participating in any of the initiatives that 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.
