Alamos Gold Sustainability Profile
Alamos Gold Inc., a prominent player in the mining industry, is headquartered in Ontario, Canada. Founded in 2003, the company has established itself as a leading gold producer with significant operations in North America, particularly in Mexico and the United States. Alamos Gold focuses on the exploration, development, and production of gold, with a commitment to sustainable mining practices. The company’s flagship assets include the Young-Davidson and Island Gold mines, which are known for their high-quality ore and efficient production methods. Alamos Gold has achieved notable milestones, including a strong market position characterised by consistent growth and a robust portfolio of projects. With a dedication to responsible mining and community engagement, Alamos Gold continues to set itself apart in the competitive gold sector.
DitchCarbon Score
How does Alamos Gold'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
Alamos Gold's score of 31 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alamos Gold's reported carbon emissions
In 2023, Alamos Gold reported total carbon emissions of approximately 152,164,000 kg CO2e for Scope 1, 10,887,000 kg CO2e for Scope 2, and a significant 378,960,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 163,051,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, the company recorded Scope 1 emissions of about 168,822,000 kg CO2e and Scope 2 emissions of 9,600,000 kg CO2e, leading to a total of approximately 178,633,000 kg CO2e for Scope 1 and 2 combined. The trend indicates a reduction in Scope 1 emissions from 2022 to 2023. Alamos Gold has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organization, ensuring that the figures reflect its direct operational impact. Overall, Alamos Gold's emissions profile highlights the significant role of Scope 3 emissions, which account for the majority of its carbon footprint, underscoring the challenges faced by the mining industry in addressing indirect emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 148,255,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 20,592,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 |
How Carbon Intensive is Alamos Gold's Industry?
How Carbon Intensive is Alamos Gold's Location?
Alamos Gold's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
Top Scope 3 Categories
Alamos Gold'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.
Alamos Gold 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.
