First Quantum Minerals Sustainability Profile
First Quantum Minerals Ltd., commonly referred to as First Quantum, is a leading global mining company headquartered in Canada. Established in 1983, the company has grown significantly, with major operations in regions such as Africa, Australia, and South America. Specialising in the production of copper, nickel, and gold, First Quantum is renowned for its innovative mining techniques and commitment to sustainable practices. The company’s flagship projects, including the Kansanshi mine in Zambia and the Cobre Panama project, highlight its position as a key player in the mining industry. First Quantum's focus on high-quality production and operational efficiency has earned it a reputation for excellence, making it a notable contender in the global market. With a strong emphasis on environmental stewardship and community engagement, First Quantum Minerals continues to set benchmarks in the mining sector.
DitchCarbon Score
How does First Quantum Minerals'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 Copper 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
First Quantum Minerals's score of 51 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Quantum Minerals's reported carbon emissions
In 2024, First Quantum Minerals reported total greenhouse gas emissions of approximately 1,797,000,000 kg CO2e globally. This includes 1,700,000,000 kg CO2e from Scope 1 emissions, 729,000,000 kg CO2e from Scope 2 emissions, and 1,797,000,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions include significant contributions from processing of sold products (349,000,000 kg CO2e), fuel and energy-related activities (250,000,000 kg CO2e), and downstream transportation and distribution (171,000,000 kg CO2e). First Quantum Minerals has set ambitious climate commitments, targeting a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions and copper production CO2e intensity by 2035. This target is contingent upon the decarbonisation of power at their operational sites, with the baseline year for this commitment starting in 2020. The company has demonstrated a commitment to transparency and accountability in its emissions reporting, with data disclosed across all three scopes (1, 2, and 3). This proactive approach aligns with industry standards and reflects a growing recognition of the importance of addressing climate change within the mining sector.
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| 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,214,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 136,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is First Quantum Minerals's Industry?
How Carbon Intensive is First Quantum Minerals's Location?
First Quantum Minerals's Scope 3 Categories Breakdown
First Quantum Minerals's Scope 3 emissions, which decreased by 39% last year and decreased by approximately 47% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 43% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 19% of Scope 3 emissions.
Top Scope 3 Categories
First Quantum Minerals'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.
First Quantum Minerals 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.
