Grange Resources
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 3 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 2023, Grange Resources reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,056,965,000 kg CO2e. This figure highlights the company's direct greenhouse gas emissions from its operations. In comparison, in 2021, Grange's emissions were considerably lower, with Scope 1 emissions at about 215,061,000 kg CO2e and Scope 2 emissions at approximately 40,602,000 kg CO2e, indicating a substantial increase in emissions over the two-year period. Despite the lack of specific reduction targets or commitments disclosed, Grange Resources has acknowledged its emissions profile, producing emissions in the order of 0.12 tonnes CO2e per metric ton of pellet production. This metric reflects the company's operational efficiency in relation to its production activities. As of now, Grange Resources has not established any formal climate pledges or reduction initiatives, which places them in a challenging position within the industry context of increasing climate commitments. The absence of a structured approach to emissions reduction may impact their long-term sustainability and compliance with evolving environmental regulations.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 215,061,000 | 0,000,000,000 |
| Scope 2 | 40,602,000 | - |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Grange Resources is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
