Dundee Precious Metals Inc. is a prominent Canadian-based mining company, headquartered in Toronto, Ontario. Established in 1994, the company has made significant strides in the mining industry, focusing primarily on gold and copper production. With major operational regions in Bulgaria and Namibia, Dundee Precious Metals has built a reputation for its commitment to sustainable mining practices and community engagement. The company’s core offerings include high-quality gold and copper concentrates, distinguished by their low environmental impact and adherence to rigorous safety standards. Dundee Precious Metals has achieved notable milestones, including the successful development of its Chelopech and Krumovgrad mines, positioning itself as a leader in the precious metals sector. With a strong emphasis on innovation and sustainability, Dundee Precious Metals continues to enhance its market position while contributing positively to the communities in which it operates.
How does Dundee Precious Metals'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 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.
Dundee Precious Metals's score of 37 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Dundee Precious Metals reported total carbon emissions of approximately 423,400,000 kg CO2e across all scopes. This includes about 16,664,000 kg CO2e from Scope 1 emissions, 52,070,000 kg CO2e from Scope 2, and a significant 423,400,000 kg CO2e from Scope 3 emissions. Notably, the processing of sold products accounted for about 247,993,000 kg CO2e, while purchased goods and services contributed approximately 103,696,000 kg CO2e. Waste generated in operations was particularly high, at about 6,707,626,000 kg CO2e. In 2023, the company reported slightly lower emissions, with total emissions of approximately 598,728,000 kg CO2e, comprising 16,399,000 kg CO2e from Scope 1, 50,576,000 kg CO2e from Scope 2, and 598,728,000 kg CO2e from Scope 3. The waste generated in operations for that year was about 6,528,308,000 kg CO2e. Dundee Precious Metals has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that the reported figures are solely from Dundee Precious Metals Inc. Overall, the company continues to monitor and report its emissions, reflecting its commitment to transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,367,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 54,907,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 48,695,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Dundee Precious Metals's Scope 3 emissions, which decreased by 29% last year and increased by approximately 769% since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 1584% 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.
Dundee Precious Metals 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.
