Saudi Arabian Mining Company SJSC

Common Name
Saudi Arabian Mining
Country
Saudi Arabia
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
N/A
Ticker
1211
Exchange
SAUDI STOCK EXCHANGE
Description
The Saudi Arabian Mining Company, known as Ma'aden, is one of the leading mining enterprises in Saudi Arabia, significantly contributing to the nation's economic diversification strategy away from oil...

Saudi Arabian Mining's Climate Target Data Preview

As of 2023, Saudi Arabian Mining has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Saudi Arabian Mining ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Produced/Manufactured
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a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured
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a
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Produced/Manufactured
Copy restricted. Please purchase to unlock this data.
a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Saudi Arabian Mining’s Climate Targets Data

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a. Saudi Arabian Mining's Sustainability Report 2023
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Insights into Saudi Arabian Mining's Greenhouse Gas Emissions Pathways

As of 2023, Saudi Arabian Mining has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Saudi Arabian Mining have a target to reduce the emissions from its operations?

As of 2023, Saudi Arabian Mining has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Saudi Arabian Mining's most ambitious operational target is to reduce these emissions by 60% by 2040, compared to a baseline of 1.19 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Produced/Manufactured in 2020. a

As of 2023, Saudi Arabian Mining is ahead of schedule on its operational emissions reduction target, having achieved 23.38% of the planned reduction. a

Saudi Arabian Mining's Operational (Scope 1+2) Emissions Pathway

202020232030204000.30.60.91.2BaselineCurrent (-14%)Target 2030 (-37%)Target 2040 (-60%)
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