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 GHG Emissions Data Preview

In 2023, Kumba Iron Ore 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).

Kumba Iron Ore 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 - 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 Kumba Iron Ore's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kumba Iron Ore amounted to 968,000 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 Kumba Iron Ore decreased by 2.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Kumba Iron Ore's Scope 1 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-8%+8%+5%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Kumba Iron Ore's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kumba Iron Ore were 548,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kumba Iron Ore reduced its Scope 1 emissions over time?

Since 2019, Kumba Iron Ore's Scope 1 emissions have increased by 3.4%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kumba Iron Ore's Scope 1 emissions decreased by 1.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Kumba Iron Ore's Scope 2 emissions?

In 2023, Kumba Iron Ore reported Scope 2 greenhouse gas (GHG) emissions of 420,000 tCOâ‚‚e without specifying the calculation method.

Has Kumba Iron Ore reduced its Scope 2 emissions over time?

Since 2019, Kumba Iron Ore's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 10.64%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Kumba Iron Ore's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Kumba Iron Ore 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Kumba Iron Ore use for Scope 2 reporting?

In 2023, Kumba Iron Ore reported its Scope 2 emissions using an unspecified methodology.

Kumba Iron Ore's Scope 2 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kumba Iron Ore's Value Chain Emissions

In 2023, Kumba Iron Ore reported 34,753,300 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 Kumba Iron Ore includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Kumba Iron Ore's Scope 3 Emissions Over Time

20212022202309 M18 M27 M36 MtCO2e-1%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Kumba Iron Ore's Scope 3 emissions?

In 2023, Kumba Iron Ore reported total Scope 3 emissions of 34,753,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.87% came from downstream activities like product use, distribution, and end-of-life treatment.

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

What categories of Scope 3 emissions does Kumba Iron Ore disclose?

In 2023, Kumba Iron Ore reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Kumba Iron Ore's Scope 3 emissions?

In 2023, the largest contributors to Kumba Iron Ore's Scope 3 emissions were:

  • Processing of Sold Products (Cat. 10): 32,623,400 tCOâ‚‚e (93.87%)
  • Downstream Transportation and Distribution (Cat. 9): 1,200,500 tCOâ‚‚e (3.45%)
  • Purchased Goods and Services (Cat. 1): 308,200 tCOâ‚‚e (0.89%)

Kumba Iron Ore's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(93.9%)DownstreamTransportation andDistribution(Cat. 9)(3.5%)

Insights into Kumba Iron Ore's Total Carbon Footprint

In 2023, Kumba Iron Ore reported a total carbon footprint of 35,721,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.63% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Kumba Iron Ore's total carbon footprint was Scope 3 emissions, accounting for 97.29% of the company's total carbon footprint, followed by Scope 1 emissions at 1.53%.

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