Centamin
Centamin PLC, a prominent gold mining company, is headquartered in Jersey (JE) and operates primarily in Egypt, where it has established a significant presence in the mineral exploration and extraction industry. Founded in 2009, Centamin has achieved notable milestones, including the successful development of the Sukari Gold Mine, which is Egypt's first large-scale modern gold mine. Specialising in gold production, Centamin is recognised for its commitment to sustainable mining practices and operational excellence. The company’s unique approach combines advanced technology with a focus on environmental stewardship, setting it apart in the competitive mining sector. With a strong market position, Centamin has consistently delivered impressive financial results, solidifying its reputation as a leader in the gold mining industry.
DitchCarbon Score
How does Centamin'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 Precious Metal 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
Centamin's score of 16 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Centamin's reported carbon emissions
In 2022, Centamin's total carbon emissions amounted to approximately 1,701,817,000 kg CO2e. This figure includes 505,486,000 kg CO2e from Scope 1 emissions, while Scope 2 emissions were reported as zero. The majority of their emissions, about 1,196,331,000 kg CO2e, fell under Scope 3, with significant contributions from purchased goods and services (546,951,000 kg CO2e) and capital goods (493,179,000 kg CO2e). Comparatively, in 2021, Centamin reported total emissions of about 1,701,693,000 kg CO2e, with Scope 1 emissions at 483,851,000 kg CO2e and Scope 3 emissions at 1,217,612,000 kg CO2e. The data indicates a slight increase in total emissions from 2021 to 2022. Centamin has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is classified as a merged entity under Centamin Limited, which may influence its emissions data and climate strategies. As of now, there are no specific climate pledges or SBTi targets reported, indicating a potential area for future development in their sustainability efforts.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 427,752,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 925,892,000 | 0,000,000,000 | 0,000,000,000 |
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.
Centamin 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.
