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 23 is higher than 63% 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 total carbon emissions of approximately 11,000,000 kg CO2e. This figure includes 2,256,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 192,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Notably, the company also disclosed significant Scope 3 emissions, primarily from employee commuting, amounting to about 9,403,100 kg CO2e. Comparatively, in 2022, Adriatic Metals' emissions were significantly lower, with total Scope 1 emissions at 966,000 kg CO2e and Scope 2 emissions at 303,000 kg CO2e. The total emissions for 2021 were reported at approximately 981,921,900 kg CO2e, with Scope 1 and Scope 2 emissions contributing 575,357,220 kg CO2e and 406,564,680 kg CO2e, respectively. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Adriatic Metals. The company has not outlined specific initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry context of increasing climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 575,357,220 | 000,000 | 0,000,000 |
| Scope 2 | 406,564,680 | 000,000 | 000,000 |
| Scope 3 | - | - | 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.
