Shanta Gold Sustainability Profile
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 lower than 67% 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 42,360,000 kg CO2e from Scope 1 and 2 sources combined, with Scope 1 emissions at about 42,360,000 kg CO2e and Scope 2 emissions at approximately 2,366,000 kg CO2e. This represents a slight increase from 2021, when total emissions were about 41,764,000 kg CO2e, with Scope 1 at approximately 36,750,000 kg CO2e and Scope 2 at about 5,014,000 kg CO2e. The emissions intensity for 2022 was reported at 710 kg CO2e per ounce of gold sold, compared to 730 kg CO2e per ounce in 2021. Shanta Gold has not disclosed any Scope 3 emissions data, and there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The emissions data is cascaded from Shanta Gold Limited, indicating a corporate family relationship at the third level. Overall, Shanta Gold's commitment to addressing carbon emissions is evident, but further details on reduction strategies and targets would enhance their climate action profile.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Shanta Gold's Industry?
How Carbon Intensive is Shanta Gold's Location?
Shanta Gold'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.
Shanta Gold 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.
