Bushveld Minerals
Bushveld Minerals Limited, a prominent player in the mining and minerals sector, is headquartered in South Africa (ZA) and primarily operates in the Bushveld Complex, a rich geological formation known for its vast mineral resources. Founded in 2012, the company has rapidly established itself as a leader in the production of vanadium, a critical component in steel manufacturing and energy storage solutions. Bushveld Minerals focuses on the extraction and processing of vanadium, with its flagship asset being the Vametco mine and processing facility. The company is distinguished by its commitment to sustainable practices and its strategic approach to resource management. With a strong market position, Bushveld Minerals has achieved significant milestones, including becoming one of the largest producers of vanadium globally, thereby contributing to the growing demand for renewable energy technologies.
DitchCarbon Score
How does Bushveld 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
Bushveld Minerals's score of 22 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bushveld Minerals's reported carbon emissions
In 2023, Bushveld Minerals reported total carbon emissions of approximately 175,868,000 kg CO2e, with Scope 1 emissions accounting for about 143,587,000 kg CO2e and Scope 2 emissions at approximately 25,388,000 kg CO2e. This marks a significant increase from 2022, when total emissions were about 67,042,000 kg CO2e, with Scope 1 emissions at approximately 51,598,000 kg CO2e and Scope 2 emissions at about 9,810,000 kg CO2e. Bushveld Minerals has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This long-term goal was established in 2023, reflecting the company's commitment to reducing greenhouse gas emissions. Additionally, they have set near-term targets to reduce absolute GHG emissions by 27% and GHG emissions intensity by 60% from a 2019 baseline by 2030. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Bushveld Minerals is actively working towards enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000,000 | 000,000,000 |
| Scope 2 | 2,927,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Bushveld 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.
