Lundin Mining Corp
Lundin Mining's GHG Emissions Data Preview
In 2024, Lundin Mining 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) and Scope 2 (indirect emissions from purchased energy).
However, Lundin Mining has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Lundin Mining’s Greenhouse Gas (GHG) Emissions Data
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Insights into Lundin Mining's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Lundin Mining amounted to 1,197,347 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 Lundin Mining increased by 16.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Lundin Mining's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lundin Mining's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lundin Mining were 715,289 metric tons of CO₂ equivalent (tCO₂e). a
Has Lundin Mining reduced its Scope 1 emissions over time?
Since 2019, Lundin Mining's Scope 1 emissions have increased by 6.47%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Lundin Mining's Scope 1 emissions increased by 20.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Lundin Mining's Scope 2 emissions?
In 2024, Lundin Mining reported Scope 2 greenhouse gas (GHG) emissions of 237,762 tCO₂e using the market-based method and 482,058 tCO₂e using the location-based method. a
Has Lundin Mining reduced its Scope 2 emissions over time?
Since 2019, Lundin Mining's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 45.49%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Lundin Mining's Scope 2 emissions (Location-Based) rose by 10.4% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b
What methodology does Lundin Mining use for Scope 2 reporting?
In 2024, Lundin Mining reported its Scope 2 emissions using the market-based method and using the location-based method. a
Lundin Mining's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Lundin Mining’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Lundin Mining reported Scope 1 greenhouse gas (GHG) emissions of 715,289 tCO₂e and total revenues of USD 4,720 millions. This translates into an emissions intensity of 151.56 tCO₂e per millions USD. a
Lundin Mining's Scope 1 Emissions Intensity Compared to Peers
How does Lundin Mining's GHG emissions intensity compare to its peers?
In 2024, Lundin Mining reported a Scope 1 emissions intensity of 151.56 tCO₂e per millions USD. Compared to the peer group median of 198.19 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Lundin Mining rank on GHG emissions intensity within its industry?
In 2024, Lundin Mining ranked 8 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Lundin Mining is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a