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Fortuna Mining Corp

Common Name
Fortuna Mining
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
FVI
Exchange
TORONTO STOCK EXCHANGE
Description
Fortuna Mining Corp is a mining company specializing in the exploration and production of precious metals, primarily silver and gold. The company's core purpose is to identify, develop, and operate hi...

Fortuna Mining's GHG Emissions Data Preview

In 2024, Fortuna Mining 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) and Scope 2 (indirect emissions from purchased energy).

However, Fortuna Mining 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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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Fortuna Mining’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 Fortuna Mining’s data sources below and access millions more through our Disclosure Search.

a. Fortuna Mining's Sustainability Report 2024
a. Fortuna Mining's Sustainability Report 2024

Insights into Fortuna Mining's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFortuna Mining amounted to182,855metric 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 Fortuna Miningincreased by 26.96%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Fortuna Mining's Scope 1 Emissions Over Time

2021202220232024030 k60 k90 k120 ktCO2e-14%+10%+35%
  • Total Scope 1
  • Year-over-Year Change

What are Fortuna Mining's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fortuna Mining were 119,698 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Fortuna Mining reduced its Scope 1 emissions over time?

Since 2021, Fortuna Mining's Scope 1 emissions have increased by 27.3%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Fortuna Mining's Scope 1 emissions increased by 34.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Fortuna Mining's Scope 2 emissions?

In 2024, Fortuna Mining reported Scope 2 greenhouse gas (GHG) emissions of 54,486 tCOâ‚‚e using the market-based method and 63,157 tCOâ‚‚e using the location-based method.a

Has Fortuna Mining reduced its Scope 2 emissions over time?

Since 2021, Fortuna Mining's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 19.62%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Fortuna Mining's Scope 2 emissions(Location-Based) rose by 14.56% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Fortuna Mining use for Scope 2 reporting?

In 2024, Fortuna Mining reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fortuna Mining's Scope 2 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fortuna Mining’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Fortuna Mining reported Scope 1 greenhouse gas (GHG) emissions of 119,698 tCOâ‚‚e and total revenues of USD 1,491 millions. This translates into an emissions intensity of 80.31 tCOâ‚‚e per millions USD.a

Fortuna Mining's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0002,000,00020,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)IFPan 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: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MAgnico Eagle MinesYear: 2024Scope 1: 1,119,142 tCO2eRevenue: $M 11,425Scope 1 Intensity: 97.95 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MFirst Majestic SilverYear: 2024Scope 1: 38,980 tCO2eRevenue: $M 782Scope 1 Intensity: 49.84 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2024Scope 1: 301,539 tCO2eRevenue: $M 1,514Scope 1 Intensity: 199.15 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MMethanexYear: 2024Scope 1: 3,863,000 tCO2eRevenue: $M 3,720Scope 1 Intensity: 1,038.49 tCO2e/$MKinross Gold Corp (Ontario)Year: 2024Scope 1: 1,078,439 tCO2eRevenue: $M 5,149Scope 1 Intensity: 209.45 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MCapstone CopperYear: 2024Scope 1: 423,376 tCO2eRevenue: $M 1,599Scope 1 Intensity: 264.74 tCO2e/$MOceanaGoldYear: 2024Scope 1: 184,278 tCO2eRevenue: $M 1,796Scope 1 Intensity: 102.62 tCO2e/$MIIInterforYear: 2024Scope 1: 123,272 tCO2eRevenue: $M 2,102Scope 1 Intensity: 58.65 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$MDPM MetalsYear: 2023Scope 1: 38,847 tCO2eRevenue: $M 520Scope 1 Intensity: 74.69 tCO2e/$MStella-JonesYear: 2024Scope 1: 136,395 tCO2eRevenue: $M 2,412Scope 1 Intensity: 56.56 tCO2e/$MLundin GoldYear: 2024Scope 1: 35,401 tCO2eRevenue: $M 1,649Scope 1 Intensity: 21.47 tCO2e/$MFFFortuna MiningYear: 2024Scope 1: 119,698 tCO2eRevenue: $M 1,491Scope 1 Intensity: 80.31 tCO2e/$M

How does Fortuna Mining's GHG emissions intensity compare to its peers?

In 2024, Fortuna Mining reported a Scope 1 emissions intensity of 80.31 tCOâ‚‚e per millions USD. Compared to the peer group median of 102.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Fortuna Mining rank on GHG emissions intensity within its industry?

In 2024, Fortuna Mining ranked 9 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

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