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 2024, 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).

However, Agnico Eagle Mines has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Agnico Eagle Mines’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Agnico Eagle Mines’s data sources below and access millions more through our Disclosure Search.

a. Agnico Eagle Mines's Sustainability Report 2024
a. Agnico Eagle Mines's Sustainability Report 2024
b. Agnico Eagle Mines's Sustainability Report 2023
b. Agnico Eagle Mines's Sustainability Report 2023
c. Agnico Eagle Mines's Sustainability Report 2022
c. Agnico Eagle Mines's Sustainability Report 2022

Insights into Agnico Eagle Mines's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Agnico Eagle Mines amounted to 1,317,973 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Agnico Eagle Mines decreased by 1.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Agnico Eagle Mines's Scope 1 Emissions Over Time

202020212022202320240300 k600 k900 k1.2 MtCO2e+45%+1%+3%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Agnico Eagle Mines's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Agnico Eagle Mines were 1,119,142 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2020, Agnico Eagle Mines's Scope 1 emissions have increased by 46.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Agnico Eagle Mines's Scope 1 emissions decreased by 2.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Agnico Eagle Mines's Scope 2 emissions?

In 2024, Agnico Eagle Mines reported Scope 2 greenhouse gas (GHG) emissions of 198,831 tCO₂e without specifying the calculation method. a

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 28.47%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Agnico Eagle Mines's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Agnico Eagle Mines 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

In 2024, Agnico Eagle Mines reported its Scope 2 emissions using an unspecified methodology. a

Agnico Eagle Mines's Scope 2 Emissions Over Time

20202021202220232024075 k150 k225 k300 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Agnico Eagle Mines's Value Chain Emissions

In 2024, Agnico Eagle Mines reported 1,938,951 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Agnico Eagle Mines includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 2 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Agnico Eagle Mines's Scope 3 Emissions Over Time

202020212022202320240550 k1.1 M1.65 M2.2 MtCO2e+64%-11%+7%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Agnico Eagle Mines's Scope 3 emissions?

In 2024, Agnico Eagle Mines reported total Scope 3 emissions of 1,938,951 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2020, Agnico Eagle Mines's Scope 3 emissions have increased by 49.15%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), 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. a

Insights into Agnico Eagle Mines’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Agnico Eagle Mines reported Scope 1 greenhouse gas (GHG) emissions of 1,119,142 tCO₂e and total revenues of USD 11,425 millions. This translates into an emissions intensity of 97.95 tCO₂e per millions USD. a

Agnico Eagle Mines's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)Teck ResourcesYear: 2023Scope 1: 3,032,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 267.40 tCO2e/$MPan American SilverYear: 2024Scope 1: 294,022 tCO2eRevenue: $M 3,887Scope 1 Intensity: 75.64 tCO2e/$MAlamos GoldYear: 2024Scope 1: 158,159 tCO2eRevenue: $M 1,347Scope 1 Intensity: 117.42 tCO2e/$MB2GoldYear: 2024Scope 1: 662,000 tCO2eRevenue: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2023Scope 1: 278,145 tCO2eRevenue: $M 1,088Scope 1 Intensity: 255.60 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MMethanexYear: 2023Scope 1: 3,871,000 tCO2eRevenue: $M 3,723Scope 1 Intensity: 1,039.62 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MNutrienYear: 2024Scope 1: 9,450,000 tCO2eRevenue: $M 35,814Scope 1 Intensity: 263.87 tCO2e/$MCapstone CopperYear: 2023Scope 1: 422,037 tCO2eRevenue: $M 1,346Scope 1 Intensity: 313.66 tCO2e/$MOceanaGoldYear: 2023Scope 1: 183,946 tCO2eRevenue: $M 1,026Scope 1 Intensity: 179.23 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 41Scope 1 Intensity: 7,224.48 tCO2e/$MLundin MiningYear: 2024Scope 1: 715,289 tCO2eRevenue: $M 4,720Scope 1 Intensity: 151.56 tCO2e/$MDPM MetalsYear: 2023Scope 1: 38,847 tCO2eRevenue: $M 520Scope 1 Intensity: 74.69 tCO2e/$MLundin GoldYear: 2024Scope 1: 35,401 tCO2eRevenue: $M 1,649Scope 1 Intensity: 21.47 tCO2e/$MAgnico Eagle MinesYear: 2024Scope 1: 1,119,142 tCO2eRevenue: $M 11,425Scope 1 Intensity: 97.95 tCO2e/$M

How does Agnico Eagle Mines's GHG emissions intensity compare to its peers?

In 2024, Agnico Eagle Mines reported a Scope 1 emissions intensity of 97.95 tCO₂e per millions USD. Compared to the peer group median of 181.74 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Agnico Eagle Mines rank on GHG emissions intensity within its industry?

In 2024, Agnico Eagle Mines ranked 6 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Agnico Eagle Mines is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Agnico Eagle Mines's Total Carbon Footprint

In 2024, Agnico Eagle Mines reported a total carbon footprint of 3,256,924 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Agnico Eagle Mines's total carbon footprint was Scope 3 emissions, accounting for 59.53% of the company's total carbon footprint, followed by Scope 1 emissions at 34.36%. a

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