Eldorado Gold Sustainability Profile
Eldorado Gold Corporation, commonly referred to as Eldorado Gold, is a prominent Canadian gold mining company headquartered in Vancouver, British Columbia. Founded in 1992, the company has established itself as a key player in the mining industry, with significant operations in Greece, Turkey, and Canada. Eldorado Gold focuses on the exploration, development, and production of gold, silver, and other precious metals, utilising innovative techniques that enhance efficiency and sustainability. The company is recognised for its commitment to responsible mining practices and has achieved notable milestones, including the successful development of several high-quality mining projects. With a strong market position, Eldorado Gold continues to expand its portfolio, leveraging its expertise to deliver value to shareholders while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Eldorado 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.
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
Eldorado Gold's score of 42 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eldorado Gold's reported carbon emissions
In 2024, Eldorado Gold reported total carbon emissions of approximately 110,424,000 kg CO2e for Scope 1 and about 115,443,000 kg CO2e for Scope 2, totalling around 225,867,000 kg CO2e. This marks a slight increase from 2023, where emissions were approximately 102,844,000 kg CO2e for Scope 1 and about 105,060,000 kg CO2e for Scope 2, resulting in a total of around 207,904,000 kg CO2e. Eldorado Gold has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has pledged to mitigate its GHG emissions by 30% from a 2020 baseline by 2030, applying this target to current operating mines. This commitment is part of a broader strategy to achieve net-zero emissions across all scopes by 2050, as indicated by their Science Based Targets initiative (SBTi) commitments. The company has consistently disclosed its emissions data, focusing on Scope 1 and Scope 2, while not reporting Scope 3 emissions in recent years. This transparency aligns with industry standards and reflects a commitment to sustainability and climate responsibility.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 67,268,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 98,366,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 33,154,000 | 00,000,000 | - | 00,000,000 | - | - | - | - | - |
How Carbon Intensive is Eldorado Gold's Industry?
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Eldorado Gold'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.
Eldorado Gold has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Eldorado Gold's sustainability data and climate commitments