Alamos Gold Inc

Common Name
Alamos Gold
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
2,400
Ticker
AGI
Exchange
TORONTO STOCK EXCHANGE
Description
Alamos Gold Inc. is a Canadian-based intermediate gold producer that specializes in the acquisition, exploration, development, and extraction of gold across North America. The company operates several...

Alamos Gold's GHG Emissions Data Preview

In 2023, Alamos Gold 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).

Alamos Gold has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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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 Alamos Gold's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Alamos Gold amounted to 163,051 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 Alamos Gold decreased by 8.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Alamos Gold's Scope 1 Emissions Over Time

202120222023045 k90 k135 k180 ktCO2e-5%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Alamos Gold's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Alamos Gold were 152,164 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Alamos Gold reduced its Scope 1 emissions over time?

Since 2021, Alamos Gold's Scope 1 emissions have decreased by 14.76%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Alamos Gold's Scope 1 emissions decreased by 9.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Alamos Gold's Scope 2 emissions?

In 2023, Alamos Gold reported Scope 2 greenhouse gas (GHG) emissions of 10,887 tCOâ‚‚e using the location-based method.

Has Alamos Gold reduced its Scope 2 emissions over time?

Since 2021, Alamos Gold's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Alamos Gold 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Alamos Gold's Scope 2 emissions (Location-Based) rose by 13.41% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Alamos Gold use for Scope 2 reporting?

In 2023, Alamos Gold reported its Scope 2 emissions using the location-based method.

Alamos Gold's Scope 2 Emissions Over Time

20212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based

Insights into Alamos Gold's Value Chain Emissions

In 2023, Alamos Gold reported 378,960 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 Alamos Gold includes a breakdown across 11 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

Alamos Gold's Scope 3 Emissions Over Time

2023095 k190 k285 k380 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Alamos Gold's Scope 3 emissions?

In 2023, Alamos Gold reported total Scope 3 emissions of 378,960 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.64% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Alamos Gold disclose?

In 2023, Alamos Gold reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Alamos Gold's Scope 3 emissions?

In 2023, the largest contributors to Alamos Gold's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 236,552 tCOâ‚‚e (62.42%)
  • Capital Goods (Cat. 2): 74,592 tCOâ‚‚e (19.68%)
  • Fuel- and Energy-Related Services (Cat. 3): 51,575 tCOâ‚‚e (13.61%)

Alamos Gold's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(19.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.6%)Purchased Goods andServices (Cat. 1)(62.4%)

Insights into Alamos Gold's Total Carbon Footprint

In 2023, Alamos Gold reported a total carbon footprint of 542,011 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 203.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Alamos Gold's total carbon footprint was Scope 3 emissions, accounting for 69.92% of the company's total carbon footprint, followed by Scope 1 emissions at 28.07%.