In 2025, Merafe Resources 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).
However, Merafe Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,140,162a | 3,179,163a | 3,239,639a | |
Total Scope 2 | ||||
Market-Based | 2,237,137a | 5,330,545a | 5,059,058a | |
Location-Based | 1,815,602a | 4,987,077a | 4,503,662a | |
Total Scope 3 | 8,581,925a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,253.5209a | 7,105.3704a | 6,422.7322a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Merafe Resources amounted to 2,955,764 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 2024, the total operational greenhouse gas (GHG) emissions of Merafe Resources decreased by 63.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Merafe Resources were 1,140,162 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Merafe Resources's Scope 1 emissions have decreased by 71.49%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Merafe Resources's Scope 1 emissions decreased by 64.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Merafe Resources reported Scope 2 greenhouse gas (GHG) emissions of 2,237,137 tCO₂e using the market-based method and 1,815,602 tCO₂e using the location-based method.a
Since 2022, Merafe Resources's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 69.81%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Merafe Resources's Scope 2 emissions (Location-Based) fell by 63.59% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Merafe Resources reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Merafe Resources reported 8,581,925 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 2025 disclosure of Merafe Resources includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Merafe Resources reported total Scope 3 emissions of 8,581,925 metric tons of CO₂ equivalent (tCO₂e).a
In 2025, Merafe Resources reported Scope 1 greenhouse gas (GHG) emissions of 1,140,162 tCO₂e and total revenues of USD 350 millions. This translates into an emissions intensity of 3,253.52 tCO₂e per millions USD.a
In 2025, Merafe Resources reported a Scope 1 emissions intensity of 3,253.52 tCO₂e per millions USD. Compared to the peer group median of 248.2, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Merafe Resources ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Merafe Resources among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Merafe Resources reported a total carbon footprint of 11,537,689 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.29% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Merafe Resources's total carbon footprint was Scope 3 emissions, accounting for 74.38% of the company's total carbon footprint, followed by Scope 2 emissions at 15.74%.a