Ivanhoe Mines Sustainability Profile
Ivanhoe Mines Ltd., a prominent player in the mining industry, is headquartered in Canada and operates primarily in Southern Africa. Founded in 1994, the company has made significant strides in the exploration and development of mineral resources, particularly copper, gold, and silver. With flagship projects such as the Kamoa-Kakula Copper Project in the Democratic Republic of Congo, Ivanhoe Mines is recognised for its innovative approach to sustainable mining practices. The company’s commitment to high-quality production and responsible resource management sets it apart in a competitive market. Ivanhoe Mines has garnered attention for its strategic partnerships and notable achievements, positioning itself as a leader in the global mining sector. Its focus on advancing technology and enhancing operational efficiency continues to drive its success and growth in the industry.
DitchCarbon Score
How does Ivanhoe Mines'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 Salt and Mineral 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
Ivanhoe Mines's score of 37 is higher 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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Ivanhoe Mines's reported carbon emissions
In 2024, Ivanhoe Mines reported total carbon emissions of approximately 5,296,086,000 kg CO2e. This figure includes Scope 1 emissions of about 294,889,000 kg CO2e and Scope 2 emissions of approximately 34,151,000 kg CO2e. The company also disclosed significant Scope 3 emissions, with notable contributions from the processing of sold products (approximately 2,871,473,000 kg CO2e) and capital goods (about 693,266,000 kg CO2e). In 2023, Ivanhoe Mines' total emissions were approximately 175,868,000 kg CO2e, with Scope 1 emissions at about 143,587,000 kg CO2e and Scope 2 emissions around 25,388,000 kg CO2e. The trend shows a substantial increase in emissions from 2022, where total emissions were approximately 67,042,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Ivanhoe Mines is actively engaged in climate-related reporting, including participation in the CDP. However, no specific science-based targets (SBTi) or climate pledges have been identified in their current commitments. The company continues to monitor and report its emissions, reflecting an ongoing commitment to transparency in its environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,936,000 | 0,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 7,324,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 0,000,000 | - | - | 0,000,000,000 |
How Carbon Intensive is Ivanhoe Mines's Industry?
How Carbon Intensive is Ivanhoe Mines's Location?
Ivanhoe Mines's Scope 3 Categories Breakdown
Ivanhoe Mines's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 72% of Scope 3 emissions.
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Ivanhoe Mines'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.
Ivanhoe Mines has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
