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Mineral Resources
Mineral Resources Limited, commonly referred to as MinRes, is a leading Australian mining services and processing company headquartered in Perth, Western Australia. Founded in 1993, MinRes has established itself as a key player in the mining industry, focusing on the extraction and processing of iron ore and lithium, among other minerals. With operations primarily in Western Australia, the company has achieved significant milestones, including the development of innovative mining solutions and a strong commitment to sustainability. MinRes is renowned for its unique integrated business model, which combines mining, processing, and logistics, ensuring efficiency and cost-effectiveness. As a prominent market contender, Mineral Resources has garnered recognition for its operational excellence and strategic partnerships, positioning itself as a trusted name in the resource sector.
DitchCarbon Score
How does Mineral Resources'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
Mineral Resources's score of 22 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mineral Resources's reported carbon emissions
In 2023, Mineral Resources, headquartered in Australia, reported total carbon emissions of approximately 376,951,000 kg CO2e. This figure includes about 373,461,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. The company has not disclosed any Scope 2 or Scope 3 emissions data for this year. Comparatively, in 2022, the total emissions were about 340,515,000 kg CO2e, with Scope 1 emissions at approximately 337,489,000 kg CO2e. This indicates an increase in emissions from 2022 to 2023. Mineral Resources has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025. Similarly, the company has pledged to achieve near-zero Scope 2 emissions within the same timeframe. These targets reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The company has not reported any Science-Based Targets Initiative (SBTi) targets, and its emissions data is not cascaded from any parent organization. Mineral Resources is committed to transparency in its emissions reporting and reduction initiatives, as evidenced by its detailed sustainability reports.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 84,743,000 | 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 | 2,391,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Mineral Resources 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.
