Kumba Iron Ore Ltd

Common Name
Kumba Iron Ore
Country
South Africa
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
KIO
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Kumba Iron Ore Ltd. is a leading mining company specializing in the exploration, extraction, and processing of iron ore. Operating extensively within the mining sector, its primary purpose is to produ...

Kumba Iron Ore's Climate Target Data Preview

As of 2023, Kumba Iron Ore has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kumba Iron Ore ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Kumba Iron Ore's Greenhouse Gas Emissions Pathways

As of 2023, Kumba Iron Ore has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Kumba Iron Ore have a target to reduce the emissions from its operations?

As of 2023, Kumba Iron Ore has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Kumba Iron Ore's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 937,076.476 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016.

Instead of reducing operational emissions, Kumba Iron Ore has increased them, with 2023 levels exceeding those of the 2016 baseline, placing the company well behind its reduction target.

Kumba Iron Ore's Operational (Scope 1+2) Emissions Pathway

2016202320300250 k500 k750 k1 MCurrent (+3%)Target 2030 (-30%)

Does Kumba Iron Ore have a target to reduce the emissions from its value chain?

As of 2023, Kumba Iron Ore has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Kumba Iron Ore's most ambitious value chain target is to reduce these emissions by 50% by 2040, compared to a baseline of 32,479,719.626 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing value chain emissions, Kumba Iron Ore has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Kumba Iron Ore's Value Chain (Scope 3) Emissions Pathway

20202023204009 M18 M27 M36 MCurrent (+7%)Target 2040 (-50%)
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