Harmony Gold

Sustainability Report and Carbon Intensity Rankings

Is Harmony Gold doing their part?

Their DitchCarbon score is 25

Harmony Gold has a DitchCarbon Score of 25 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the company has a high carbon intensity relative to its industry peers. To improve its ranking, Harmony Gold needs to implement more effective measures to reduce its greenhouse gas emissions and enhance its environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Harmony Gold is part of the metals and mining industry, which has a carbon intensity ranking of medium. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Harmony Gold is situated in South Africa, a region with a very high carbon intensity rating. This suggests that the company’s operations may be contributing significantly to greenhouse gas emissions, potentially undermining sustainability efforts in the area.
4.02%

...this company is doing 4.02% worse in emissions than the industry average.

Founded in 1950, Harmony Gold is a prominent player in the metals and mining industry, specializing in gold production. Based in Brisbane City, the company primarily operates in South Africa’s Witwatersrand Basin and has significant exploration activities in Papua New Guinea. Harmony Gold offers gold mining and exploration services, including the operation of the Hidden Valley mine and the advancement of projects like Mt Hagen and Amanab.

Good news, Harmony Gold has set SBTi climate commitments

Harmony Gold has established targets to significantly reduce its greenhouse gas emissions from company operations, aligning with the ambitious goal of limiting global warming to 1.5°C. These targets encompass both direct emissions and indirect emissions from purchased energy, known as scope 1 and scope 2 emissions, respectively.

There’s always room for improvement,

DitchCarbon recommends...

Harmony Gold should set tangible reduction goals for all forms of purchased energy, including electricity, heat, steam, and cooling, to ensure progress can be effectively monitored and additional savings opportunities can be identified, potentially reducing emissions by 0.3%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.