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 30 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 carbon emissions of approximately 671,834,000 kg CO2e for Scope 1 and about 871,778,000 kg CO2e for Scope 2 (market-based). This represents a significant increase from 2023, where emissions were approximately 594,304,000 kg CO2e for Scope 1 and around 253,495,000 kg CO2e for Scope 2 (market-based). The total emissions for 2023 were about 847,799,000 kg CO2e when combining both scopes. Lundin Mining has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by 35% by 2030, using adjusted 2019 emissions as a baseline. This target reflects the company's commitment to sustainability and aligns with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Lundin Mining's emissions data is not cascaded from any parent organization, ensuring that the figures are specific to its operations. Overall, Lundin Mining's ongoing efforts to reduce emissions and its clear targets demonstrate a proactive approach to addressing climate change within the mining sector.
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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 | - | - | - | - | - | 00,000,000 | 00,000,000 | - | - | - |
How Carbon Intensive is Lundin Mining's Industry?
How Carbon Intensive is Lundin Mining's Location?
Lundin Mining's Scope 3 Categories Breakdown
Lundin Mining's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 4% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 94% of Scope 3 emissions.
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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.
