Centerra Gold Inc., a prominent player in the mining industry, is headquartered in Canada and operates major projects in North America, including the United States and Canada, as well as internationally in countries such as Kyrgyzstan and Turkey. Founded in 2004, the company has established itself as a leader in gold production, focusing on the exploration, development, and operation of gold mines. Centerra Gold is renowned for its commitment to sustainable mining practices and its innovative approach to resource extraction. The company’s core offerings include gold and copper production, with a strong emphasis on environmental stewardship and community engagement. Notable achievements include significant production milestones and a robust portfolio of operating mines, positioning Centerra Gold as a key player in the global gold market.
How does Centerra Gold'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.
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.
Centerra Gold's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Centerra Gold reported total carbon emissions of approximately 172,446,000 kg CO2e, comprising 137,719,000 kg CO2e from Scope 1, 34,727,000 kg CO2e from Scope 2, and 136,624,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, where in 2023, the company recorded 107,384,000 kg CO2e solely from Scope 1 emissions. Centerra Gold has set ambitious climate commitments aligned with the Paris Agreement, aiming for a net-zero emissions future by 2050. The company is targeting a reduction of GHG emissions by 40% to 45% below 2005 levels by 2030. In 2023, the company achieved a notable reduction in emissions intensity, decreasing from 0.28 tCO2e/oz in 2022 to 0.22 tCO2e/oz at its Mount Milligan and Öksüt mine sites, representing a nearly 21% reduction. The emissions data is not cascaded from any parent organization, and all figures are reported directly by Centerra Gold Inc. The company continues to assess climate-related risks and opportunities, focusing on reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 442,674,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 29,580,000 | 00,000,000 | 00,000,000 | - | - | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 |
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 41% of Scope 3 emissions.
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.
Centerra Gold 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.
