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Ivanhoe Mines Ltd

Common Name
Ivanhoe Mines
Country
Canada
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
2,200
Ticker
IVN
Exchange
TORONTO STOCK EXCHANGE
Description
Ivanhoe Mines Ltd. is a mineral exploration and development company primarily focusing on the mining industry. The company's principal goal is to explore, develop, and operate its major mining venture...

Ivanhoe Mines's GHG Emissions Data Preview

In 2024, Ivanhoe Mines 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).

Ivanhoe Mines has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
294,889a
143,587a
51,598a
Total Scope 2
Unspecified Calculation Method
34,151a
25,388a
9,810a
Total Scope 3
4,967,046a
6,893a
5,634a
Total Scope 1 Revenue Intensity (tCO2e/$M)
5,294.7184a
N/AN/A
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Verified Sources Behind Ivanhoe Mines’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.

a. Ivanhoe Mines's Sustainability Report 2024
b. Ivanhoe Mines's Sustainability Report 2023

Insights into Ivanhoe Mines's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Ivanhoe Mines amounted to 329,040 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 Ivanhoe Mines increased by 94.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Ivanhoe Mines's Scope 1 Emissions Over Time

2021202220232024075 k150 k225 k300 ktCO2e+184%+178%+105%
  • Total Scope 1
  • Year-over-Year Change

What are Ivanhoe Mines's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ivanhoe Mines were 294,889 metric tons of CO₂ equivalent (tCO₂e).a

Has Ivanhoe Mines reduced its Scope 1 emissions over time?

Since 2021, Ivanhoe Mines's Scope 1 emissions have increased by 1,524.37%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Ivanhoe Mines's Scope 1 emissions increased by 105.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Ivanhoe Mines's Scope 2 emissions?

In 2024, Ivanhoe Mines reported Scope 2 greenhouse gas (GHG) emissions of 34,151 tCO₂e without specifying the calculation method.a

Has Ivanhoe Mines reduced its Scope 2 emissions over time?

Since 2021, Ivanhoe Mines's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 1,066.76%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Ivanhoe Mines's Scope 2 emissions (Unspecified Calculation Method) rose by 34.52% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Ivanhoe Mines use for Scope 2 reporting?

In 2024, Ivanhoe Mines reported its Scope 2 emissions using an unspecified methodology.a

Ivanhoe Mines's Scope 2 Emissions Over Time

202120222023202409 k18 k27 k36 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ivanhoe Mines's Value Chain Emissions

In 2024, Ivanhoe Mines reported 4,967,046 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 Ivanhoe Mines includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Ivanhoe Mines's Scope 3 Emissions Over Time

202120222023202401.5 M3 M4.5 M6 MtCO2e+84%+22%+71959%
  • Total Scope 3
  • Year-over-Year Change

What are Ivanhoe Mines's Scope 3 emissions?

In 2024, Ivanhoe Mines reported total Scope 3 emissions of 4,967,046 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 42.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 57.88% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Ivanhoe Mines reduced its Scope 3 emissions over time?

Since 2021, Ivanhoe Mines's Scope 3 emissions have increased by 162,062.78%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Ivanhoe Mines's Scope 3 emissions increased by 71,959.28%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Ivanhoe Mines disclose?

In 2024, Ivanhoe Mines reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Ivanhoe Mines's Scope 3 emissions?

In 2024, the largest contributors to Ivanhoe Mines's Scope 3 emissions were:a

  • Processing of Sold Products (Cat. 10): 2,871,473 tCO₂e (57.81%)
  • Purchased Goods and Services (Cat. 1): 982,989 tCO₂e (19.79%)
  • Capital Goods (Cat. 2): 693,266 tCO₂e (13.96%)

Ivanhoe Mines's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(14.0%)Processing of SoldProducts (Cat. 10)(57.8%)Purchased Goods andServices (Cat. 1)(19.8%)

Insights into Ivanhoe Mines’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ivanhoe Mines reported Scope 1 greenhouse gas (GHG) emissions of 294,889 tCO₂e and total revenues of USD 56 millions. This translates into an emissions intensity of 5,294.72 tCO₂e per millions USD.a

Ivanhoe Mines's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)101005005,00050,000Revenues (Millions of USD)Industrias PenolesYear: 2024Scope 1: 1,196,135 tCO2eRevenue: $M 6,650Scope 1 Intensity: 179.87 tCO2e/$MMineral ResourcesYear: 2024Scope 1: 705,005 tCO2eRevenue: $M 3,508Scope 1 Intensity: 200.98 tCO2e/$MSumitomo Metal MiningYear: 2024Scope 1: 1,724,000 tCO2eRevenue: $M 9,544Scope 1 Intensity: 180.63 tCO2e/$MYunnan TinYear: 2024Scope 1: 293,910 tCO2eRevenue: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MJinduicheng MolybdenumYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 1,859Scope 1 Intensity: 15.17 tCO2e/$MAndrada MiningYear: 2025Scope 1: 7,029 tCO2eRevenue: $M 30Scope 1 Intensity: 234.52 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$MVedantaYear: 2025Scope 1: 63,324,730 tCO2eRevenue: $M 17,641Scope 1 Intensity: 3,589.66 tCO2e/$MXingye Silver&TinYear: 2023Scope 1: 46,543 tCO2eRevenue: $M 521Scope 1 Intensity: 89.25 tCO2e/$MJubilee Metals GroupYear: 2025Scope 1: 17,917 tCO2eRevenue: $M 15Scope 1 Intensity: 1,180.64 tCO2e/$MXiamen TungstenYear: 2024Scope 1: 127,813 tCO2eRevenue: $M 4,823Scope 1 Intensity: 26.50 tCO2e/$MSouth32Year: 2025Scope 1: 7,400,000 tCO2eRevenue: $M 5,770Scope 1 Intensity: 1,282.50 tCO2e/$MKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MBolidenYear: 2025Scope 1: 685,577 tCO2eRevenue: $M 10,166Scope 1 Intensity: 67.44 tCO2e/$MNickel IndustriesYear: 2024Scope 1: 2,934,253 tCO2eRevenue: $M 1,744Scope 1 Intensity: 1,682.05 tCO2e/$MIluka ResourcesYear: 2023Scope 1: 454,000 tCO2eRevenue: $M 880Scope 1 Intensity: 516.02 tCO2e/$MTibet Summit ResourcesYear: 2022Scope 1: 22,000 tCO2eRevenue: $M 283Scope 1 Intensity: 77.66 tCO2e/$MIGOYear: 2024Scope 1: 111,034 tCO2eRevenue: $M 531Scope 1 Intensity: 209.02 tCO2e/$MPLS GroupYear: 2024Scope 1: 180,291 tCO2eRevenue: $M 1,200Scope 1 Intensity: 150.20 tCO2e/$MLynas Rare EarthsYear: 2024Scope 1: 69,046 tCO2eRevenue: $M 310Scope 1 Intensity: 222.88 tCO2e/$MMP MaterialsYear: 2024Scope 1: 100,028 tCO2eRevenue: $M 204Scope 1 Intensity: 490.68 tCO2e/$MTeck ResourcesYear: 2023Scope 1: 863,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 76.11 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 56Scope 1 Intensity: 5,294.72 tCO2e/$M

How does Ivanhoe Mines's GHG emissions intensity compare to its peers?

In 2024, Ivanhoe Mines reported a Scope 1 emissions intensity of 5,294.72 tCO₂e per millions USD. Compared to the peer group median of 190.81, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Ivanhoe Mines rank on GHG emissions intensity within its industry?

In 2024, Ivanhoe Mines ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Ivanhoe Mines among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Ivanhoe Mines's Total Carbon Footprint

In 2024, Ivanhoe Mines reported a total carbon footprint of 5,296,086 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,911.4% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Ivanhoe Mines's total carbon footprint was Scope 3 emissions, accounting for 93.79% of the company's total carbon footprint, followed by Scope 1 emissions at 5.57%.a

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