Sandfire Resources Ltd

Common Name
Sandfire Resources
Country
Australia
Sector
Basic Materials
Industry
Copper
Employees
1,236
Ticker
SFR
Exchange
ASX
Description
Sandfire Resources Ltd. is a mining and exploration company primarily engaged in the production of copper and gold. The company's flagship operation is the DeGrussa Copper-Gold Mine in Western Austral...

Sandfire Resources's GHG Emissions Data Preview

In 2024, Sandfire 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).

Sandfire Resources 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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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sandfire Resources’s Greenhouse Gas (GHG) Emissions Data

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a. Sandfire Resources's Sustainability Data Spreadsheet 2024
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Insights into Sandfire Resources's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sandfire Resources amounted to 311,900 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 Sandfire Resources increased by 109.94%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Sandfire Resources's Scope 1 Emissions Over Time

2021202220232024040 k80 k120 k160 ktCO2e+12%+46%-23%
  • Total Scope 1
  • Year-over-Year Change

What are Sandfire Resources's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sandfire Resources were 108,303 metric tons of CO₂ equivalent (tCO₂e). a

Has Sandfire Resources reduced its Scope 1 emissions over time?

Since 2021, Sandfire Resources's Scope 1 emissions have increased by 25.43%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Sandfire Resources's Scope 1 emissions decreased by 23.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sandfire Resources's Scope 2 emissions?

In 2024, Sandfire Resources reported Scope 2 greenhouse gas (GHG) emissions of 203,597 tCO₂e using the location-based method. a

What methodology does Sandfire Resources use for Scope 2 reporting?

In 2024, Sandfire Resources reported its Scope 2 emissions using the location-based method. a

Sandfire Resources's Scope 2 Emissions Over Time

2021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sandfire Resources's Value Chain Emissions

In 2024, Sandfire Resources reported 583,626 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 Sandfire Resources includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Sandfire Resources's Scope 3 Emissions Over Time

20240150 k300 k450 k600 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Sandfire Resources's Scope 3 emissions?

In 2024, Sandfire Resources reported total Scope 3 emissions of 583,626 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 32.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.76% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Sandfire Resources disclose?

In 2024, Sandfire Resources 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 Sandfire Resources's Scope 3 emissions?

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

  • Processing of Sold Products (Cat. 10): 284,738 tCO₂e (67.76%)
  • Fuel- and Energy-Related Services (Cat. 3): 55,990 tCO₂e (13.32%)
  • Downstream Transportation and Distribution (Cat. 9): 51,913 tCO₂e (12.35%)

Sandfire Resources's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(67.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.3%)DownstreamTransportation andDistribution(Cat. 9)(12.4%)

Insights into Sandfire Resources's Total Carbon Footprint

In 2024, Sandfire Resources reported a total carbon footprint of 895,526 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 502.78% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sandfire Resources's total carbon footprint was Scope 3 emissions, accounting for 65.17% of the company's total carbon footprint, followed by Scope 2 emissions at 22.73%. a

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