Fresnillo PLC

Common Name
Fresnillo
Country
Mexico
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Employees
7,179
Ticker
FRES
Exchange
LONDON STOCK EXCHANGE
Description
Fresnillo Plc is a leading precious metals mining company focusing primarily on the extraction and processing of silver and gold. As one of the largest primary silver producers in the world, Fresnillo...

Fresnillo's GHG Emissions Data Preview

In 2023, 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)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 Fresnillo's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Fresnillo amounted to 824,387 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 Fresnillo decreased by 14.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Fresnillo's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e0%-11%+15%0%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Fresnillo's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Fresnillo were 469,146 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Fresnillo reduced its Scope 1 emissions over time?

Since 2018, Fresnillo's Scope 1 emissions have decreased by 11.48%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Fresnillo's Scope 1 emissions decreased by 14.07%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Fresnillo's Scope 2 emissions?

In 2023, Fresnillo reported Scope 2 greenhouse gas (GHG) emissions of 355,241 tCOâ‚‚e without specifying the calculation method.

Has Fresnillo reduced its Scope 2 emissions over time?

Since 2018, Fresnillo's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 27.78%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Fresnillo's Scope 2 emissions (Unspecified Calculation Method) fell by 15.88% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Fresnillo use for Scope 2 reporting?

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

Fresnillo's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Fresnillo's Value Chain Emissions

In 2023, Fresnillo reported 700,480 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 Fresnillo includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Fresnillo's Scope 3 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e-2%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Fresnillo's Scope 3 emissions?

In 2023, Fresnillo reported total Scope 3 emissions of 700,480 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 24.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 75.24% came from downstream activities like product use, distribution, and end-of-life treatment.

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

What categories of Scope 3 emissions does Fresnillo disclose?

In 2023, Fresnillo 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 Fresnillo's Scope 3 emissions?

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

  • Processing of Sold Products (Cat. 10): 456,390 tCOâ‚‚e (65.15%)
  • Purchased Goods and Services (Cat. 1): 157,073 tCOâ‚‚e (22.42%)
  • Investments (Cat. 15): 70,645 tCOâ‚‚e (10.09%)

Fresnillo's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(65.2%)Purchased Goods andServices (Cat. 1)(22.4%)Investments(Cat. 15)(10.1%)

Insights into Fresnillo's Total Carbon Footprint

In 2023, Fresnillo reported a total carbon footprint of 1,524,867 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.3% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Fresnillo's total carbon footprint was Scope 3 emissions, accounting for 45.94% of the company's total carbon footprint, followed by Scope 1 emissions at 30.77%.