Oz Minerals Sustainability Profile
Oz Minerals, officially known as Oz Minerals Limited, is a prominent Australian mining company headquartered in Adelaide, South Australia. Founded in 2008, the company has rapidly established itself within the mining industry, focusing primarily on copper and gold production. With significant operations in the highly prospective regions of South Australia and Queensland, Oz Minerals is renowned for its innovative approach to sustainable mining practices. The company’s core products include high-quality copper concentrate and gold, which are essential for various industrial applications. Oz Minerals is distinguished by its commitment to responsible resource development and community engagement, positioning itself as a leader in the sector. Notable achievements include its successful integration of advanced technology in mining operations, enhancing efficiency and reducing environmental impact. As a key player in the Australian mining landscape, Oz Minerals continues to drive growth and innovation in the industry.
DitchCarbon Score
How does Oz Minerals'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
Oz Minerals's score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oz Minerals's reported carbon emissions
In 2022, OZ Minerals, headquartered in Australia, reported total carbon emissions of approximately 95387,000 kg CO2e for Scope 1 and 230651000 kg CO2e for Scope 2, with significant Scope 3 emissions amounting to about 557847000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. OZ Minerals has set ambitious climate commitments, aiming for net zero emissions by 2030, which includes residual Scope 1 and 2 emissions. Additionally, the company plans to reduce its Scope 1 emissions by 50% by 2027, using a fiscal year 2021 baseline as a reference point. These targets are part of their Decarbonisation Roadmap, demonstrating a proactive stance in addressing climate change. The emissions data is cascaded from the parent company, BHP Group Limited, indicating a structured approach to sustainability across its corporate family. OZ Minerals is committed to transparency and accountability in its climate initiatives, aligning with industry standards and expectations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 180,290,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 199,209,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Oz Minerals's Industry?
How Carbon Intensive is Oz Minerals's Location?
Oz Minerals'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.
Oz Minerals 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.
