Fresnillo PLC
Fresnillo's GHG Emissions Data Preview
In 2024, Fresnillo 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).
Fresnillo 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Fresnillo’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 Fresnillo’s data sources below and access millions more through our Disclosure Search.
Insights into Fresnillo's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Fresnillo amounted to 1,005,644 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 Fresnillo increased by 2.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Fresnillo's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fresnillo's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Fresnillo were 469,122 metric tons of CO₂ equivalent (tCO₂e).a
Has Fresnillo reduced its Scope 1 emissions over time?
Since 2019, Fresnillo's Scope 1 emissions have decreased by 11.65%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Fresnillo's Scope 1 emissions remained relatively stable, indicating that Fresnillo's emissions have plateaued with no significant change in its operational footprint.a
What are Fresnillo's Scope 2 emissions?
In 2024, Fresnillo reported Scope 2 greenhouse gas (GHG) emissions of 128,299 tCO₂e using the market-based method and 536,522 tCO₂e using the location-based method.a
Has Fresnillo reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Fresnillo's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Fresnillo's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Fresnillo use for Scope 2 reporting?
In 2024, Fresnillo reported its Scope 2 emissions using the market-based method and using the location-based method.a
Fresnillo's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fresnillo's Value Chain Emissions
In 2024, Fresnillo reported 207,910 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 Fresnillo includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, down from 4 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Fresnillo's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fresnillo's Scope 3 emissions?
In 2024, Fresnillo reported total Scope 3 emissions of 207,910 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 79.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.86% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Fresnillo's Scope 3 emissions decreased by 70.32%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Fresnillo disclose?
In 2024, Fresnillo 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 Fresnillo's Scope 3 emissions?
In 2024, the largest contributors to Fresnillo's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 144,541 tCO₂e (69.52%)
- Investments (Cat. 15): 43,360 tCO₂e (20.86%)
- Downstream Transportation and Distribution (Cat. 9): 20,009 tCO₂e (9.62%)
Fresnillo's Scope 3 Emissions by Categories
Insights into Fresnillo’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Fresnillo reported Scope 1 greenhouse gas (GHG) emissions of 469,122 tCO₂e and total revenues of USD 3,496 millions. This translates into an emissions intensity of 134.17 tCO₂e per millions USD.a
Fresnillo's Scope 1 Emissions Intensity Compared to Peers
How does Fresnillo's GHG emissions intensity compare to its peers?
In 2024, Fresnillo reported a Scope 1 emissions intensity of 134.17 tCO₂e per millions USD. Compared to the peer group median of 90.98, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Fresnillo rank on GHG emissions intensity within its industry?
In 2024, Fresnillo ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Fresnillo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Fresnillo's Total Carbon Footprint
In 2024, Fresnillo reported a total carbon footprint of 1,213,554 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.96% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Fresnillo's total carbon footprint was Scope 2 emissions, accounting for 44.21% of the company's total carbon footprint, followed by Scope 1 emissions at 38.66%.a