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 GHG Emissions Data Preview

In 2023, Agnico Eagle Mines completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Agnico Eagle Mines has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Agnico Eagle Mines's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Agnico Eagle Mines amounted to 1,336,957 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Agnico Eagle Mines decreased by 3.55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Agnico Eagle Mines's Scope 1 Emissions Over Time

20202021202220230300 k600 k900 k1.2 MtCO2e+45%+1%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Agnico Eagle Mines's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Agnico Eagle Mines were 1,150,541 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Agnico Eagle Mines reduced its Scope 1 emissions over time?

Since 2020, Agnico Eagle Mines's Scope 1 emissions have increased by 50.4%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Agnico Eagle Mines's Scope 1 emissions increased by 2.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Agnico Eagle Mines's Scope 2 emissions?

In 2023, Agnico Eagle Mines reported Scope 2 greenhouse gas (GHG) emissions of 186,416 tCOâ‚‚e without specifying the calculation method.

Has Agnico Eagle Mines reduced its Scope 2 emissions over time?

Since 2020, Agnico Eagle Mines's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 32.94%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Agnico Eagle Mines's Scope 2 emissions (Unspecified Calculation Method) fell by 30.5% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Agnico Eagle Mines use for Scope 2 reporting?

In 2023, Agnico Eagle Mines reported its Scope 2 emissions using an unspecified methodology.

Agnico Eagle Mines's Scope 2 Emissions Over Time

2020202120222023075 k150 k225 k300 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Agnico Eagle Mines's Value Chain Emissions

In 2023, Agnico Eagle Mines reported 2,020,549 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Agnico Eagle Mines includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Agnico Eagle Mines's Scope 3 Emissions Over Time

20202021202220230550 k1.1 M1.65 M2.2 MtCO2e+64%-11%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Agnico Eagle Mines's Scope 3 emissions?

In 2023, Agnico Eagle Mines reported total Scope 3 emissions of 2,020,549 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Agnico Eagle Mines reduced its Scope 3 emissions over time?

Since 2020, Agnico Eagle Mines's Scope 3 emissions have increased by 55.43%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Agnico Eagle Mines's Scope 3 emissions remained relatively stable, indicating that Agnico Eagle Mines 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Agnico Eagle Mines disclose?

In 2023, Agnico Eagle Mines reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Agnico Eagle Mines's Scope 3 emissions?

In 2023, the largest contributors to Agnico Eagle Mines's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 191,000 tCOâ‚‚e (99.3%)
  • Purchased Goods and Services (Cat. 1): 1,350 tCOâ‚‚e (0.7%)

Agnico Eagle Mines's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(99.3%)

Insights into Agnico Eagle Mines's Total Carbon Footprint

In 2023, Agnico Eagle Mines reported a total carbon footprint of 3,357,506 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Agnico Eagle Mines's total carbon footprint was Scope 3 emissions, accounting for 60.18% of the company's total carbon footprint, followed by Scope 1 emissions at 34.27%.