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 2023, 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 5 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 MMG's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MMG amounted to 941,235 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 MMG increased by 13.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.

MMG's Scope 1 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e-3%+18%
  • Total Scope 1
  • Year-over-Year Change

What are MMG's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MMG were 592,306 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has MMG reduced its Scope 1 emissions over time?

Since 2021, MMG's Scope 1 emissions have increased by 14.08%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), MMG's Scope 1 emissions increased by 18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are MMG's Scope 2 emissions?

In 2023, MMG reported Scope 2 greenhouse gas (GHG) emissions of 348,929 tCOâ‚‚e without specifying the calculation method.

Has MMG reduced its Scope 2 emissions over time?

Since 2021, MMG's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 12.15%, reflecting a rising long-term trend in Scope 2 emissions over time.

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

What methodology does MMG use for Scope 2 reporting?

In 2023, MMG reported its Scope 2 emissions using an unspecified methodology.

MMG's Scope 2 Emissions Over Time

202120222023090 k180 k270 k360 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MMG's Value Chain Emissions

In 2023, MMG reported 2,843,385 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 MMG includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

MMG's Scope 3 Emissions Over Time

20230750 k1.5 M2.25 M3 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are MMG's Scope 3 emissions?

In 2023, MMG reported total Scope 3 emissions of 2,843,385 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 28% of these emissions originated from upstream activities such as purchased goods and capital goods, while 72% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does MMG disclose?

In 2023, MMG reported emissions for 5 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 MMG's Scope 3 emissions?

In 2023, the largest contributors to MMG's Scope 3 emissions were:

  • Processing of Sold Products (Cat. 10): 2,047,237.2 tCOâ‚‚e (72%)
  • Purchased Goods and Services (Cat. 1): 312,772.35 tCOâ‚‚e (11%)
  • Fuel- and Energy-Related Services (Cat. 3): 255,904.65 tCOâ‚‚e (9%)

MMG's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(72.0%)Purchased Goods andServices (Cat. 1)(11.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(9.0%)

Insights into MMG's Total Carbon Footprint

In 2023, MMG reported a total carbon footprint of 3,784,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 354.69% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to MMG's total carbon footprint was Scope 3 emissions, accounting for 75.13% of the company's total carbon footprint, followed by Scope 1 emissions at 15.65%.