First Quantum Minerals

First Quantum Minerals, a Canadian company specialising in copper ores and concentrates, reported its latest emissions data for 2025. In that year, the company's Scope 1 emissions were approximately 1.59 billion kg CO2e, Scope 2 emissions were around 555 million kg CO2e, and Scope 3 emissions were approximately 1.93 billion kg CO2e. Key categories within Scope 3 included purchased goods and services at about 1.03 billion kg CO2e, processing of sold products at approximately 378 million kg CO2e, and fuel and energy related activities at around 369 million kg CO2e.

Looking back, in 2024, First Quantum Minerals disclosed Scope 1 emissions of approximately 1.70 billion kg CO2e, Scope 2 emissions of about 729 million kg CO2e, and Scope 3 emissions totalling approximately 1.93 billion kg CO2e. For 2023, the company reported Scope 1 emissions of around 3.67 billion kg CO2e and Scope 2 emissions of approximately 415 million kg CO2e, with Scope 3 emissions at about 2.96 billion kg CO2e.

First Quantum Minerals has committed to several climate reduction targets. The company aims for a 50% reduction in absolute Scope 1 and 2 GHG emissions by 2035, with a baseline year of 2020. This target is dependent on the decarbonisation of power at both its sites. Additionally, the company has a near-term goal to reduce its absolute greenhouse gas emissions by 30% by 2025, also against a 2020 baseline. First Quantum Minerals also targets a 50% reduction in the GHG intensity of copper mined at its operations by 2030.