Lundin Mining Sustainability Profile
Lundin Mining Corporation, a prominent player in the mining industry, is headquartered in Canada and operates major facilities across South America, Europe, and Africa. Founded in 1994, the company has established itself as a leader in the extraction of copper, zinc, gold, and nickel, focusing on sustainable mining practices and innovative technologies. Lundin Mining is renowned for its high-quality production and operational efficiency, with key assets including the Candelaria and Ojos del Salado mines in Chile, and the Neves-Corvo mine in Portugal. The company has achieved significant milestones, including successful expansions and strategic acquisitions, solidifying its market position as a reliable supplier of essential minerals. With a commitment to responsible mining, Lundin Mining continues to contribute to the global demand for metals while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Lundin Mining'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 Copper 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
Lundin Mining's score of 33 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lundin Mining's reported carbon emissions
In 2024, Lundin Mining reported total emissions of approximately 1.54 billion kg CO2e, comprising 671,834,000 kg CO2e from Scope 1 and 871,778,000 kg CO2e from Scope 2 emissions. The company has set a significant commitment to reduce its absolute Scope 1 and Scope 2 (market-based) emissions by 35% by 2030, using adjusted 2019 emissions as the baseline. This target reflects Lundin Mining's proactive approach to addressing climate change and aligns with industry standards for emissions reduction. In 2023, Lundin Mining's total emissions were approximately 847.8 million kg CO2e, with Scope 1 emissions at 594,304,000 kg CO2e and Scope 2 emissions at 253,495,000 kg CO2e (market-based). The company has consistently reported emissions data, demonstrating transparency in its environmental impact. Lundin Mining's climate commitments are crucial in the context of the mining industry, which faces increasing scrutiny regarding its environmental footprint. The company's targets are part of a broader trend among mining firms to enhance sustainability practices and reduce greenhouse gas emissions.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 514,170,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 493,328,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Lundin Mining's Industry?
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Lundin Mining'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.
Lundin Mining 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.
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