MMG Ltd

Common Name
MMG
Country
Australia
Sector
Basic Materials
Industry
Copper
Employees
5,195
Ticker
1208
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
MMG Limited is a global resources company primarily engaged in the exploration, development, and mining of base metals. The main commodities produced by MMG include copper, zinc, lead, and silver, whi...

MMG's GHG Emissions Data Preview

In 2024, MMG 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).

MMG has also provided a category-level breakdown for 6 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MMG’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. Explore MMG’s data sources below and access millions more through our Disclosure Search.

a. MMG's ESG Data Spreadsheet 2024
a. MMG's ESG Data Spreadsheet 2024
b. MMG's Annual Report 2022
b. MMG's Annual Report 2022

Insights into MMG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of MMG amounted to 963,910.2 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 MMG decreased by 2.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

MMG's Scope 1 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e-3%+24%+4%
  • Total Scope 1
  • Year-over-Year Change

What are MMG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of MMG were 648,866.4 metric tons of CO₂ equivalent (tCO₂e). a

Has MMG reduced its Scope 1 emissions over time?

Since 2021, MMG's Scope 1 emissions have increased by 24.98%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), MMG's Scope 1 emissions increased by 4.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are MMG's Scope 2 emissions?

In 2024, MMG reported Scope 2 greenhouse gas (GHG) emissions of 315,043.8 tCO₂e without specifying the calculation method. a

Has MMG reduced its Scope 2 emissions over time?

Since 2021, MMG's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that MMG 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), MMG's Scope 2 emissions (Unspecified Calculation Method) fell by 13.98% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does MMG use for Scope 2 reporting?

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

MMG's Scope 2 Emissions Over Time

2021202220232024095 k190 k285 k380 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MMG's Value Chain Emissions

In 2024, MMG reported 2,914,385.18 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 MMG includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

MMG's Scope 3 Emissions Over Time

202320240750 k1.5 M2.25 M3 MtCO2e+25%
  • Total Scope 3
  • Year-over-Year Change

What are MMG's Scope 3 emissions?

In 2024, MMG reported total Scope 3 emissions of 2,914,385.18 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 30.29% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.71% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), MMG's Scope 3 emissions increased by 24.77%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does MMG disclose?

In 2024, MMG reported emissions for 6 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 MMG's Scope 3 emissions?

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

  • Processing of Sold Products (Cat. 10): 2,031,640.6 tCO₂e (69.71%)
  • Purchased Goods and Services (Cat. 1): 440,840.64 tCO₂e (15.13%)
  • Fuel- and Energy-Related Services (Cat. 3): 255,715.69 tCO₂e (8.77%)

MMG's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(69.7%)Purchased Goods andServices (Cat. 1)(15.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(8.8%)

Insights into MMG’s GHG Emissions Intensity Compared to Industry Peers

In 2024, MMG reported Scope 1 greenhouse gas (GHG) emissions of 648,866.4 tCO₂e and total revenues of USD 35,016 millions. This translates into an emissions intensity of 18.53 tCO₂e per millions USD. a

MMG's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)502002,00020,000200,000Revenues (Millions of USD)FYFreeport-McMoRanYear: 2024Scope 1: 10,815,573 tCO2eRevenue: $M 25,455Scope 1 Intensity: 424.89 tCO2e/$MHindustan CopperYear: 2024Scope 1: 7,853 tCO2eRevenue: $M 204Scope 1 Intensity: 38.42 tCO2e/$MFFFirst Copper TechnologyYear: 2024Scope 1: 3,026 tCO2eRevenue: $M 95Scope 1 Intensity: 31.69 tCO2e/$MChina Nonferrous MiningYear: 2024Scope 1: 223,818 tCO2eRevenue: $M 29,723Scope 1 Intensity: 7.53 tCO2e/$MEmerald ResourcesYear: 2023Scope 1: 39,438 tCO2eRevenue: $M 198Scope 1 Intensity: 198.82 tCO2e/$MBrickworksYear: 2024Scope 1: 244,000 tCO2eRevenue: $M 709Scope 1 Intensity: 344.38 tCO2e/$MKME GroupYear: 2024Scope 1: 53,251 tCO2eRevenue: $M 1,629Scope 1 Intensity: 32.69 tCO2e/$MNufarmYear: 2023Scope 1: 38,049 tCO2eRevenue: $M 1,257Scope 1 Intensity: 30.27 tCO2e/$MNickel IndustriesYear: 2024Scope 1: 2,934,253 tCO2eRevenue: $M 2,680Scope 1 Intensity: 1,094.73 tCO2e/$MFirst Quantum MineralsYear: 2024Scope 1: 1,700,000 tCO2eRevenue: $M 4,802Scope 1 Intensity: 354.02 tCO2e/$MPerseus MiningYear: 2024Scope 1: 215,219 tCO2eRevenue: $M 1,046Scope 1 Intensity: 205.80 tCO2e/$MYYYunnan CopperYear: 2023Scope 1: 480,000 tCO2eRevenue: $M 20,682Scope 1 Intensity: 23.21 tCO2e/$MSouth32Year: 2024Scope 1: 9,400,000 tCO2eRevenue: $M 7,524Scope 1 Intensity: 1,249.28 tCO2e/$MPilbara MineralsYear: 2024Scope 1: 180,291 tCO2eRevenue: $M 1,196Scope 1 Intensity: 150.76 tCO2e/$MFortescueYear: 2024Scope 1: 2,360,000 tCO2eRevenue: $M 27,194Scope 1 Intensity: 86.78 tCO2e/$MNorthern Star ResourcesYear: 2024Scope 1: 788,136 tCO2eRevenue: $M 3,282Scope 1 Intensity: 240.11 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MLynas Rare EarthsYear: 2024Scope 1: 69,046 tCO2eRevenue: $M 310Scope 1 Intensity: 222.88 tCO2e/$MGold Road ResourcesYear: 2023Scope 1: 104,383 tCO2eRevenue: $M 322Scope 1 Intensity: 324.42 tCO2e/$MSandfire ResourcesYear: 2024Scope 1: 108,303 tCO2eRevenue: $M 1,394Scope 1 Intensity: 77.67 tCO2e/$MAntofagastaYear: 2024Scope 1: 1,228,924 tCO2eRevenue: $M 6,613Scope 1 Intensity: 185.82 tCO2e/$MJiangxi CopperYear: 2024Scope 1: 247,100 tCO2eRevenue: $M 71,379Scope 1 Intensity: 3.46 tCO2e/$MMMGYear: 2024Scope 1: 648,866 tCO2eRevenue: $M 35,016Scope 1 Intensity: 18.53 tCO2e/$M

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

In 2024, MMG reported a Scope 1 emissions intensity of 18.53 tCO₂e per millions USD. Compared to the peer group median of 168.29 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does MMG rank on GHG emissions intensity within its industry?

In 2024, MMG ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places MMG among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into MMG's Total Carbon Footprint

In 2024, MMG reported a total carbon footprint of 3,878,295.38 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to MMG's total carbon footprint was Scope 3 emissions, accounting for 75.15% of the company's total carbon footprint, followed by Scope 1 emissions at 16.73%. a

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