B2Gold Corp, often referred to simply as B2Gold, is a prominent player in the chemical and fertilizer minerals sector, with its headquarters located in Canada. Founded in 2007, the company has rapidly established itself within the mining and quarrying industry, focusing on the extraction of gold and other valuable minerals.
With major operations in regions such as Mali, the Philippines, and Namibia, B2Gold is renowned for its commitment to sustainable mining practices and community engagement. The company’s core products include gold and various mineral resources, distinguished by their high-quality standards and innovative extraction methods.
B2Gold has achieved significant milestones, including the successful development of multiple gold mines, positioning itself as a leading mid-tier gold producer. Its dedication to operational excellence and environmental stewardship has garnered recognition within the industry, solidifying its market position as a trusted name in mining.
+17 vs industry average
B2gold’s score of 35 is higher than 64% 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
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
B2gold's reported carbon emissions
B2Gold, headquartered in CA and operating within the mining and quarrying products sector, has reported its carbon emissions and established climate commitments.
For the year 2024, B2Gold's total reported emissions were approximately 1,095,000,000 kg CO2e. This total comprises Scope 1 emissions of about 662,000,000 kg CO2e, Scope 2 emissions of approximately 37,000,000 kg CO2e, and Scope 3 emissions amounting to about 1,026,000,000 kg CO2e. Within Scope 3, purchased goods and services accounted for the largest portion at approximately 384,000,000 kg CO2e, followed by fuel and energy-related activities at about 165,000,000 kg CO2e.
In 2023, total emissions were approximately 701,000,000 kg CO2e, consisting of Scope 1 emissions of about 673,000,000 kg CO2e and Scope 2 emissions of roughly 28,000,000 kg CO2e. Scope 3 emissions for 2023 were not fully disclosed.
Earlier reporting years also show significant emissions. In 2022, total Scope 1 and 2 emissions were approximately 739,000,000 kg CO2e. For 2021, Scope 1 and 2 emissions were approximately 722,000,000 kg CO2e. In 2020, Scope 1 and 2 emissions were reported as approximately 637,000,000 kg CO2e, and in 2019, Scope 1 emissions were approximately 558,000,000 kg CO2e.
B2Gold has a stated commitment to reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 30% by 2030, using a 2021 baseline. This target was announced in early 2023 and forms a key part of their Climate Strategy.
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B2gold’s Climate Goals (2030 & 2050)
3 goals2030
30% reduction in Scope 1
In early 2023, B2Gold announced a target to reduce Scope 1 and 2 GHG emissions by 30% by 2030 against our 2021 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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B2gold
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