Antofagasta Minerals
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 37 is higher than 89% 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 total carbon emissions of approximately 1,188,386,000 kg CO2e from Scope 1 and 2 sources, with Scope 1 emissions accounting for about 1,188,386,000 kg CO2e and Scope 2 emissions at approximately 530,000 kg CO2e. The company also disclosed Scope 3 emissions of about 10,200 kg CO2e, primarily from purchased goods and services, which contributed approximately 750 kg CO2e. Comparatively, in 2022, the total emissions were about 1,113,581,000 kg CO2e for Scope 1 and approximately 95,953,000 kg CO2e for Scope 2, with Scope 3 emissions significantly higher at around 5,692,874,000 kg CO2e. This indicates a notable increase in Scope 3 emissions, highlighting the importance of addressing upstream supply chain impacts. Antofagasta Minerals has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a commitment to reducing their carbon footprint. The absence of documented reduction initiatives suggests a need for the company to enhance its climate strategy and align with industry standards for sustainability and emissions reduction. Overall, while the company has made strides in reporting emissions across all scopes, the lack of defined reduction targets may hinder its progress towards meaningful climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 578,119,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 00,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,412,760,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 00,000 | 00,000 | 0,000,000,000 | 0,000,000,000 | 00,000 |
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.
Antofagasta Minerals 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.
