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Precious Metal Mining
CA
updated 20 hours ago

Iamgold

Company websiteClaim

Iamgold Corporation, commonly referred to as Iamgold, is a prominent gold mining company headquartered in Canada. Established in 1990, the company has developed a strong presence in key operational regions, including West Africa and North America. Iamgold is primarily engaged in the exploration, development, and production of gold, with a focus on sustainable mining practices. The company’s core offerings include gold production and exploration services, distinguished by its commitment to responsible mining and community engagement. Iamgold has achieved notable milestones, including the successful operation of several mines and a robust portfolio of development projects. With a solid market position, Iamgold continues to be recognised for its operational excellence and dedication to environmental stewardship in the mining industry.

DitchCarbon Score

How does Iamgold'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.

4

Industry Average

Mean score of companies in the Precious Metal 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.

17

Industry Benchmark

Iamgold's score of 4 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Iamgold's reported carbon emissions

In 2023, Iamgold reported total Scope 1 emissions of approximately 483,348,000 kg CO2e. This figure represents a decrease from 2022, where the company recorded Scope 1 emissions of about 638,412,000 kg CO2e. In 2022, Iamgold also disclosed Scope 2 emissions of approximately 622,000 kg CO2e, bringing the total for Scope 1 and 2 to about 639,033,000 kg CO2e. For 2021, Iamgold's emissions included approximately 384,522,880 kg CO2e for Scope 1, 350,450 kg CO2e for Scope 2, and 313,249,000 kg CO2e for Scope 3, totalling around 1,048,022,330 kg CO2e across all scopes. Notably, in Canada, the company reported Scope 1 emissions of about 11,024,510 kg CO2e, Scope 2 emissions of approximately 161,680 kg CO2e, and Scope 3 emissions of around 39,121,000 kg CO2e. Despite these figures, Iamgold has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company has not disclosed any significant climate pledges or reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, while Iamgold has made strides in reducing its emissions, particularly in Scope 1, the absence of formal reduction targets suggests that further commitments may be necessary to align with industry standards for climate action.

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2017202120222023
Scope 1
512,588,490
000,000,000
000,000,000
000,000,000
Scope 2
982,850
000,000
000,000
-
Scope 3
5,397,630
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Iamgold's primary industry is Precious metal ores and concentrates, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Iamgold is in CA, which has a very high grid carbon intensity relative to other regions.

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.

Iamgold 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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