Antofagasta Minerals Sustainability Profile
Antofagasta Minerals, a prominent player in the global mining industry, is headquartered in Santiago, Chile. Established in 1888, the company has evolved into a leading copper producer, with significant operations in the Antofagasta Region and beyond. Specialising in the extraction and processing of copper, gold, and molybdenum, Antofagasta Minerals is renowned for its commitment to sustainable practices and innovation in mining technology. With a strong market position, the company has achieved notable milestones, including the development of large-scale mining projects that enhance its production capabilities. Antofagasta Minerals stands out for its high-quality copper products, which are essential for various industries, including electronics and renewable energy. As a key contributor to Chile's economy, Antofagasta Minerals continues to play a vital role in the global mining landscape.
DitchCarbon Score
How does Antofagasta Minerals'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 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.
Industry Benchmark
Antofagasta Minerals's score of 29 is higher 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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Antofagasta Minerals's reported carbon emissions
In 2023, Antofagasta Minerals reported significant carbon emissions, totalling approximately 1,188,386,000 kg CO2e for Scope 1 and about 793,447,000 kg CO2e for Scope 2 emissions, leading to a combined total of around 1,988,183,000 kg CO2e when considering location-based accounting. The company has not disclosed any Scope 3 emissions data. Antofagasta Minerals operates under the corporate umbrella of Antofagasta plc, which influences its emissions reporting and climate commitments. The emissions data is cascaded from Antofagasta plc, reflecting the broader corporate strategy towards sustainability. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives outlined in their sustainability reports. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Antofagasta Minerals is positioned within a sector that is increasingly scrutinised for its environmental impact, and the company’s future climate strategies will be critical in addressing its carbon footprint.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 593,915,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,505,997,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Antofagasta Minerals's Industry?
How Carbon Intensive is Antofagasta Minerals's Location?
Antofagasta Minerals'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.
Antofagasta Minerals 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.
