Mineral Resources Sustainability Profile
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 19 is lower than 64% 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 Limited, headquartered in Australia, reported total carbon emissions of approximately 376,951,000 kg CO2e. This figure includes 373,461,000 kg CO2e from Scope 1 emissions and 3,490,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025, reflecting a strong commitment to climate action. The emissions data for 2022 indicated a total of about 340,515,000 kg CO2e, with Scope 1 emissions at 337,489,000 kg CO2e and Scope 2 emissions at 3,026,000 kg CO2e. This demonstrates a significant increase in emissions in 2023 compared to the previous year. Mineral Resources has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. The company’s reduction initiatives are focused on achieving net-zero emissions in the near term, specifically targeting both Scope 1 and Scope 2 emissions. Overall, Mineral Resources Limited is actively working towards substantial emissions reductions, aligning with industry standards and demonstrating a commitment to sustainability in the mining sector.
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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 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Mineral Resources's Industry?
How Carbon Intensive is Mineral Resources's Location?
Mineral Resources'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.
Mineral Resources 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.
