Grange Resources Sustainability Profile
Grange Resources Limited, commonly referred to as Grange Resources, is a prominent player in the Australian mining industry, headquartered in Tasmania, Australia. Founded in 1965, the company has established itself as a leader in iron ore production, particularly through its flagship project, the Savage River mine, located in the northwest of Tasmania. Grange Resources is renowned for its high-quality iron ore pellets and concentrates, which are essential for steel manufacturing. The company’s commitment to sustainable practices and innovative processing techniques sets it apart in a competitive market. With a strong focus on operational efficiency and environmental responsibility, Grange Resources has achieved significant milestones, solidifying its position as a key supplier in the global iron ore sector.
DitchCarbon Score
How does Grange Resources'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 Iron Ores 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
Grange Resources's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grange Resources's reported carbon emissions
In 2021, Grange Resources reported total carbon emissions of approximately 255.7 million kg CO2e, comprising about 215.1 million kg CO2e from Scope 1 emissions and about 40.6 million kg CO2e from Scope 2 emissions. There is no available data for Scope 3 emissions. For the years 2023 and 2024, Grange Resources disclosed site emissions from their Savage River operations, reporting approximately 120 tonnes CO2e in 2023 and about 110 tonnes CO2e in 2024. However, detailed emissions data for these years is not specified in terms of Scope 1, 2, or 3. Currently, Grange Resources has not set any publicly disclosed reduction targets or climate pledges, indicating a potential area for future commitment. The absence of specific climate initiatives or targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Grange Resources's emissions data reflects their operational impact, with a clear need for enhanced transparency and commitment to climate action moving forward.
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| 2021 | |
|---|---|
| Scope 1 | 215,061,000 |
| Scope 2 | 40,602,000 |
| Scope 3 | - |
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Grange Resources'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.
Grange Resources 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.
