First Quantum Minerals Ltd
First Quantum Minerals's GHG Emissions Data Preview
In 2024, First Quantum Minerals 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).
First Quantum Minerals has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind First Quantum Minerals’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 First Quantum Minerals’s data sources below and access millions more through our Disclosure Search.
Insights into First Quantum Minerals's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of First Quantum Minerals amounted to 2,429,000 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of First Quantum Minerals decreased by 40.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
First Quantum Minerals's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are First Quantum Minerals's Scope 1 emissions?
In 2024, the total Scope 1 emissions of First Quantum Minerals were 1,700,000 metric tons of CO₂ equivalent (tCO₂e). a
Has First Quantum Minerals reduced its Scope 1 emissions over time?
Since 2021, First Quantum Minerals's Scope 1 emissions have decreased by 55.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), First Quantum Minerals's Scope 1 emissions decreased by 53.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are First Quantum Minerals's Scope 2 emissions?
In 2024, First Quantum Minerals reported Scope 2 greenhouse gas (GHG) emissions of 729,000 tCO₂e using the location-based method. a
Has First Quantum Minerals reduced its Scope 2 emissions over time?
Since 2021, First Quantum Minerals's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 40.73%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), First Quantum Minerals's Scope 2 emissions (Location-Based) rose by 75.66% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does First Quantum Minerals use for Scope 2 reporting?
In 2024, First Quantum Minerals reported its Scope 2 emissions using the location-based method. a
First Quantum Minerals's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into First Quantum Minerals's Value Chain Emissions
In 2024, First Quantum Minerals reported 1,797,000 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 First Quantum Minerals includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
First Quantum Minerals's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are First Quantum Minerals's Scope 3 emissions?
In 2024, First Quantum Minerals reported total Scope 3 emissions of 1,797,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 54.68% of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.32% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), First Quantum Minerals's Scope 3 emissions decreased by 39.35%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does First Quantum Minerals disclose?
In 2024, First Quantum Minerals reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of First Quantum Minerals's Scope 3 emissions?
In 2024, the largest contributors to First Quantum Minerals's Scope 3 emissions were: a
- Processing of Sold Products (Cat. 10): 349,000 tCO₂e (45.32%)
- Fuel- and Energy-Related Services (Cat. 3): 250,000 tCO₂e (32.47%)
- Downstream Transportation and Distribution (Cat. 9): 171,000 tCO₂e (22.21%)
First Quantum Minerals's Scope 3 Emissions by Categories
Insights into First Quantum Minerals’s GHG Emissions Intensity Compared to Industry Peers
In 2024, First Quantum Minerals reported Scope 1 greenhouse gas (GHG) emissions of 1,700,000 tCO₂e and total revenues of USD 4,802 millions. This translates into an emissions intensity of 354.02 tCO₂e per millions USD. a
First Quantum Minerals's Scope 1 Emissions Intensity Compared to Peers
How does First Quantum Minerals's GHG emissions intensity compare to its peers?
In 2024, First Quantum Minerals reported a Scope 1 emissions intensity of 354.02 tCO₂e per millions USD. Compared to the peer group median of 180.49 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does First Quantum Minerals rank on GHG emissions intensity within its industry?
In 2024, First Quantum Minerals ranked 17 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places First Quantum Minerals among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into First Quantum Minerals's Total Carbon Footprint
In 2024, First Quantum Minerals reported a total carbon footprint of 4,226,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.01% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to First Quantum Minerals's total carbon footprint was Scope 3 emissions, accounting for 42.52% of the company's total carbon footprint, followed by Scope 1 emissions at 40.23%. a