First Quantum Minerals

First Quantum Minerals, headquartered in Canada and operating within the copper ores and concentrates industry, is committed to reducing its carbon emissions. For the reporting year of 2025, the company reported total greenhouse gas (GHG) emissions of approximately 1.93 billion kg CO2e. This figure comprises Scope 1 emissions of about 1.59 billion kg CO2e, Scope 2 emissions of approximately 555 million kg CO2e, and Scope 3 emissions totalling around 1.93 billion kg CO2e. Key contributors to their Scope 3 emissions include purchased goods and services (about 1.03 billion kg CO2e) and fuel and energy-related activities (approximately 369 million kg CO2e).

In 2024, First Quantum Minerals reported total GHG emissions of approximately 1.93 billion kg CO2e, with Scope 1 emissions at about 1.70 billion kg CO2e, Scope 2 at approximately 729 million kg CO2e, and Scope 3 at about 1.93 billion kg CO2e. The previous year, 2023, saw total emissions (Scope 1, 2, and 3) reported at approximately 7.04 billion kg CO2e, with Scope 1 emissions at approximately 3.67 billion kg CO2e, Scope 2 at around 415 million kg CO2e, and Scope 3 at about 2.96 billion kg CO2e.

The company has set ambitious reduction targets. By 2025, First Quantum Minerals aims for a 30% reduction in absolute GHG emissions. Furthermore, they have a long-term target of a 50% reduction in absolute Scope 1 and 2 GHG emissions by 2035, contingent on the decarbonisation of power at their sites. This 2035 target is mirrored for copper production CO2e intensity. They are also working towards a 50% reduction in the GHG intensity of the copper mined at their operations by 2030.