Iamgold Sustainability Profile
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.
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.
Industry Benchmark
Iamgold's score of 16 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 reflects a decrease from 2022, where combined Scope 1 and 2 emissions reached about 639,033,000 kg CO2e, with Scope 1 emissions at approximately 638,412,000 kg CO2e and Scope 2 emissions at about 622,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023. In 2021, Iamgold's emissions included approximately 648,089,000 kg CO2e for Scope 1 and 589,000 kg CO2e for Scope 2 globally, alongside Scope 3 emissions of about 313,249,000 kg CO2e. Notably, in Canada, the company reported Scope 1 emissions of approximately 11,024,510 kg CO2e, Scope 2 emissions of about 161,680 kg CO2e, and Scope 3 emissions of approximately 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 absence of disclosed reduction initiatives suggests a need for further development in their climate strategy. Overall, while Iamgold has made strides in tracking and reporting emissions, the lack of comprehensive reduction targets indicates an opportunity for enhanced climate action moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 512,587,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 982,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 3 | 5,398,000 | 0,000,000 | 00,000,000 | - | - | - | - |
How Carbon Intensive is Iamgold's Industry?
How Carbon Intensive is Iamgold's Location?
Iamgold'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.
Iamgold 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.
