B2Gold Corp, commonly referred to as B2Gold, is a leading gold producer headquartered in Vancouver, Canada. Founded in 2007, the company has rapidly established itself in the mining industry, with significant operations in Mali, the Philippines, and Namibia. B2Gold is renowned for its commitment to sustainable mining practices and its focus on high-quality gold production.
The company’s flagship asset, the Fekola Mine in Mali, has been a key driver of its growth, contributing to B2Gold's impressive market position as one of the fastest-growing gold producers globally. With a strong emphasis on exploration and development, B2Gold continues to expand its portfolio, ensuring a robust pipeline of future projects. Its dedication to responsible mining and community engagement sets B2Gold apart in the competitive landscape of the gold mining sector.
+15 vs industry average
B2gold’s score of 33 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
In 2024, B2Gold reported total greenhouse gas emissions of approximately 1.1 billion kg CO2e, comprising 662 million kg CO2e from Scope 1, 37 million kg CO2e from Scope 2, and 1.03 billion kg CO2e from Scope 3 emissions. The company has set an ambitious target to reduce its Scope 1 and 2 emissions by 30% by 2030, using 2021 as the baseline year. This commitment reflects B2Gold's proactive approach to addressing climate change and aligns with industry standards for emissions reduction. B2Gold's emissions data is not cascaded from any parent organization, ensuring that the figures are independently reported. The company has consistently disclosed its emissions across all relevant scopes, demonstrating transparency in its climate reporting. The reduction initiatives are part of a broader climate strategy aimed at minimising the environmental impact of its operations while maintaining economic viability.
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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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