B2Gold Corp

Common Name
B2Gold
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
BTO
Exchange
TORONTO STOCK EXCHANGE
Description
B2Gold Corp is a prominent name in the mining industry, primarily engaged in the exploration and production of precious metals, with a strong focus on gold. Founded in 2007, this Canadian-based compan...

B2Gold's GHG Emissions Data Preview

In 2023, B2Gold 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).

B2Gold has also provided a category-level breakdown for 8 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
Unspecified Calculation Method
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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 B2Gold's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of B2Gold amounted to 701,000 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 B2Gold decreased by 5.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

B2Gold's Scope 1 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e+14%+13%+1%-8%
  • Total Scope 1
  • Year-over-Year Change

What are B2Gold's Scope 1 emissions?

In 2023, the total Scope 1 emissions of B2Gold were 673,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has B2Gold reduced its Scope 1 emissions over time?

Since 2019, B2Gold's Scope 1 emissions have increased by 20.61%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), B2Gold's Scope 1 emissions decreased by 7.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are B2Gold's Scope 2 emissions?

In 2023, B2Gold reported Scope 2 greenhouse gas (GHG) emissions of 28,000 tCOâ‚‚e without specifying the calculation method.

Has B2Gold reduced its Scope 2 emissions over time?

Compared to the previous year (2022), B2Gold's Scope 2 emissions (Unspecified Calculation Method) rose by 180% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does B2Gold use for Scope 2 reporting?

In 2023, B2Gold reported its Scope 2 emissions using an unspecified methodology.

B2Gold's Scope 2 Emissions Over Time

2019202020212022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into B2Gold's Value Chain Emissions

In 2023, B2Gold reported 1,025,000 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 B2Gold includes a breakdown across 8 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

B2Gold's Scope 3 Emissions Over Time

202220230300 k600 k900 k1.2 MtCO2e+6%
  • Total Scope 3
  • Year-over-Year Change

What are B2Gold's Scope 3 emissions?

In 2023, B2Gold reported total Scope 3 emissions of 1,025,000 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.

Compared to the previous year (2022), B2Gold's Scope 3 emissions remained relatively stable, indicating that B2Gold 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does B2Gold disclose?

In 2023, B2Gold reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of B2Gold's Scope 3 emissions?

In 2023, the largest contributors to B2Gold's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 524,000 tCOâ‚‚e (51.12%)
  • Purchased Goods and Services (Cat. 1): 275,000 tCOâ‚‚e (26.83%)
  • Fuel- and Energy-Related Services (Cat. 3): 174,000 tCOâ‚‚e (16.98%)

B2Gold's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(26.8%)Capital Goods(Cat. 2)(51.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(17.0%)

Insights into B2Gold's Total Carbon Footprint

In 2023, B2Gold reported a total carbon footprint of 1,726,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to B2Gold's total carbon footprint was Scope 3 emissions, accounting for 59.39% of the company's total carbon footprint, followed by Scope 1 emissions at 38.99%.