Shanta Gold
Shanta Gold Limited, commonly referred to as Shanta Gold, is a prominent gold mining company headquartered in the British Overseas Territory of Gibraltar (GG). Founded in 2001, the company has established a strong presence in East Africa, particularly in Tanzania, where it operates several key projects, including the New Luika Gold Mine and the Singida Gold Project. Specialising in the exploration, development, and production of gold, Shanta Gold is recognised for its commitment to sustainable mining practices and community engagement. The company has achieved significant milestones, including the successful expansion of its production capacity and a robust pipeline of exploration projects. With a focus on high-grade gold deposits, Shanta Gold has positioned itself as a competitive player in the global mining industry, consistently delivering value to its stakeholders.
DitchCarbon Score
How does Shanta Gold'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
Shanta Gold's score of 19 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanta Gold's reported carbon emissions
In 2022, Shanta Gold reported total carbon emissions of approximately 44,726,000 kg CO2e, comprising 36,750,000 kg CO2e from Scope 1 and 7,976,000 kg CO2e from Scope 2. This represents a decrease from 2021, where total emissions were about 41,764,000 kg CO2e, with Scope 1 emissions at 42,360,000 kg CO2e and Scope 2 at 5,404,000 kg CO2e. In 2020, the company recorded total emissions of approximately 37,913,000 kg CO2e, with Scope 1 at 37,913,000 kg CO2e and Scope 2 at 4,000,000 kg CO2e. Shanta Gold has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has focused on emissions intensity, reporting an intensity of 710 kg CO2e per ounce of gold sold in 2022, down from 730 kg CO2e in 2021 and significantly lower than 460 kg CO2e in 2020. While Shanta Gold has made strides in reducing emissions, the absence of formal reduction targets indicates a potential area for future commitment and improvement in their sustainability strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 37,913,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 4,000,000 | 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.
Shanta Gold 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.
