First Quantum Minerals Ltd
First Quantum Minerals's GHG Emissions Data Preview
In 2023, 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 4 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 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 First Quantum Minerals's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of First Quantum Minerals amounted to 4,067,000 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 First Quantum Minerals decreased by 7.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
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 2023, the total Scope 1 emissions of First Quantum Minerals were 3,647,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has First Quantum Minerals reduced its Scope 1 emissions over time?
Since 2021, First Quantum Minerals's Scope 1 emissions have decreased by 4.75%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), First Quantum Minerals's Scope 1 emissions decreased by 9.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are First Quantum Minerals's Scope 2 emissions?
In 2023, First Quantum Minerals reported Scope 2 greenhouse gas (GHG) emissions of 420,000 tCOâ‚‚e using the location-based method.
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 decreased by 18.92%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), First Quantum Minerals's Scope 2 emissions (Location-Based) rose by 16.67% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does First Quantum Minerals use for Scope 2 reporting?
In 2023, First Quantum Minerals reported its Scope 2 emissions using the location-based method.
First Quantum Minerals's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into First Quantum Minerals's Value Chain Emissions
In 2023, First Quantum Minerals reported 2,963,000 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 First Quantum Minerals includes a breakdown across 4 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
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 2023, First Quantum Minerals reported total Scope 3 emissions of 2,963,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 71.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 28.38% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), First Quantum Minerals's Scope 3 emissions remained relatively stable, indicating that First Quantum Minerals 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does First Quantum Minerals disclose?
In 2023, First Quantum Minerals reported emissions for 4 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 First Quantum Minerals's Scope 3 emissions?
In 2023, the largest contributors to First Quantum Minerals's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,294,000 tCOâ‚‚e (43.67%)
- Processing of Sold Products (Cat. 10): 841,000 tCOâ‚‚e (28.38%)
- Fuel- and Energy-Related Services (Cat. 3): 637,000 tCOâ‚‚e (21.5%)
First Quantum Minerals's Scope 3 Emissions by Categories
Insights into First Quantum Minerals's Total Carbon Footprint
In 2023, First Quantum Minerals reported a total carbon footprint of 7,030,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to First Quantum Minerals's total carbon footprint was Scope 1 emissions, accounting for 51.88% of the company's total carbon footprint, followed by Scope 3 emissions at 42.15%.