Adriatic Metals
Adriatic Metals Plc, a prominent player in the precious metals industry, is headquartered in Great Britain and operates primarily in the Balkans region. Founded in 2017, the company has quickly established itself as a leader in the exploration and development of high-grade silver and gold projects, particularly through its flagship Vares Project in Bosnia and Herzegovina.
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’s core offerings include silver and gold concentrates, with a focus on maximising resource efficiency and minimising environmental impact. With a strong market position and notable achievements, including significant resource discoveries, Adriatic Metals continues to drive growth and contribute to the global precious metals supply chain.
-3 vs industry average
Adriatic Metals’s score of 10 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Precious Metal Production is among the most carbon-intensive industries
Industry performance
The Precious Metal Production industry has reduced its overall emissions by 54% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Adriatic Metals's reported carbon emissions
Adriatic Metals, headquartered in Great Britain and operating in the precious metals industry, reported a total of approximately 2,448,000 kg CO2e for Scope 1 and 2 emissions in 2023. This comprised approximately 2,256,000 kg CO2e for Scope 1 emissions and approximately 192,000 kg CO2e for Scope 2 emissions. In 2022, the company's Scope 1 and 2 emissions totalled approximately 1,269,000 kg CO2e. Scope 1 emissions were approximately 966,000 kg CO2e, while Scope 2 emissions amounted to approximately 303,000 kg CO2e. For 2021, Adriatic Metals reported Scope 1 and 2 emissions of approximately 282,700 kg CO2e. Scope 1 emissions were not explicitly detailed but were included in the combined total. Scope 2 emissions were approximately 163,000 kg CO2e. In 2020, the company's Scope 1 emissions were approximately 45,025 kg CO2e, and Scope 2 emissions were approximately 52,705 kg CO2e, resulting in a combined total of approximately 97,730 kg CO2e for Scope 1 and 2. Adriatic Metals's climate commitments and reduction targets are cascaded from its ultimate parent organisation, Adriatic Metals PLC. The company's latest sustainability report indicates that Scope 3 emissions, including employee commutes, accounted for approximately 9,403,100 kg CO2e in 2023. However, specific data for purchased goods and services within Scope 3 remains a missing data point. The company has not publicly disclosed specific reduction targets or achievements through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge.
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Adriatic Metals’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Adriatic Metals yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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