Bushveld Minerals Sustainability Profile
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 24 is lower than 53% 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, headquartered in South Africa (ZA), reported total carbon emissions of approximately 175,868,000 kg CO2e. This figure includes 143,587,000 kg CO2e from Scope 1 emissions, 25,388,000 kg CO2e from Scope 2 emissions, and 6,893,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2022, when total emissions were about 67,042,000 kg CO2e, with Scope 1 emissions at 51,598,000 kg CO2e and Scope 2 at 9,810,000 kg CO2e. Bushveld Minerals has set ambitious climate commitments, aiming for net zero emissions by 2050. This long-term target encompasses reductions in both Scope 1 and Scope 2 greenhouse gas emissions, with initiatives starting in 2023. The company is actively working towards these goals, although specific reduction percentages have not been disclosed. The emissions data is not cascaded from any parent organization, indicating that Bushveld Minerals is independently reporting its carbon footprint and climate strategies. The company is committed to enhancing its sustainability practices in line 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 | 3,063,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Bushveld Minerals's Industry?
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Bushveld 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.
Bushveld 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.
