Fresnillo Sustainability Profile
Fresnillo plc, a leading precious metals mining company, is headquartered in Mexico (MX) and primarily operates in the rich mineral regions of Mexico and Peru. Founded in 2007, Fresnillo has quickly established itself as a key player in the mining industry, focusing on the extraction of silver and gold. The company is renowned for its high-quality silver production, leveraging advanced mining techniques and sustainable practices. Fresnillo's flagship operations include the Fresnillo and Saucito mines, which are notable for their significant contributions to the global silver market. With a strong market position, Fresnillo has achieved numerous milestones, including being the largest silver producer in Mexico. Its commitment to innovation and sustainability sets it apart in the competitive mining landscape, ensuring a robust future in the precious metals sector.
DitchCarbon Score
How does Fresnillo'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 Salt and Mineral 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
Fresnillo's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fresnillo's reported carbon emissions
In 2023, Fresnillo's total carbon emissions amounted to approximately 1,869,626,000 kg CO2e, comprising 469,146,000 kg CO2e from Scope 1, 355,241,000 kg CO2e from Scope 2, and 700,480,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions included 5,995,000 kg CO2e from mobile combustion. The total emissions from Scope 1 and 2 combined were about 824,387,000 kg CO2e. In comparison, the 2022 emissions were approximately 968,249,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at 545,970,000 kg CO2e and Scope 2 emissions at 422,279,000 kg CO2e. The Scope 3 emissions for 2022 were about 713,043,000 kg CO2e. Fresnillo has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, Fresnillo plc, indicating a corporate family relationship. The company continues to monitor and report its emissions, reflecting its commitment to transparency in climate-related disclosures.
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| 2012 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 375,121,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 329,245,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Fresnillo's Industry?
How Carbon Intensive is Fresnillo's Location?
Fresnillo's Scope 3 Categories Breakdown
Fresnillo's Scope 3 emissions, which decreased by 2% last year and decreased by approximately 4% since 2021, 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 46% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Fresnillo'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.
Fresnillo 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.
