Agnico Eagle Mines Ltd

Common Name
Agnico Eagle Mines
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
10,125
Ticker
AEM
Exchange
TORONTO STOCK EXCHANGE
Description
Agnico Eagle Mines Limited operates as a gold mining corporation, focusing primarily on the exploration, development, and production of mineral properties in Canada, Europe, and Latin America. The com...

Agnico Eagle Mines's Climate Target Data Preview

As of 2023, Agnico Eagle Mines has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Agnico Eagle Mines ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

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Insights into Agnico Eagle Mines's Greenhouse Gas Emissions Pathways

As of 2023, Agnico Eagle Mines has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Agnico Eagle Mines have a target to reduce the emissions from its operations?

As of 2023, Agnico Eagle Mines has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Agnico Eagle Mines's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 1,400,767 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Agnico Eagle Mines is lagging behind on its operational emissions reduction target, having achieved 15.2% of the planned reduction.

Agnico Eagle Mines's Operational (Scope 1+2) Emissions Pathway

2021202320300400 k800 k1.2 M1.6 MCurrent (-5%)Target 2030 (-30%)
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