In 2025, Sociedad Minera Cerro Verde 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).
Sociedad Minera Cerro Verde has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 837,411a | 804,427a | 731,321a | |
Total Scope 2 | ||||
Market-Based | 394,473a | 384,635a | 493,411a | |
Location-Based | 711,861a | 629,903a | 669,781a | |
Total Scope 3 | 1,262,556a | 1,353,577a | 1,365,936a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 177.1046a | 189.7985a | 176.51a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Sociedad Minera Cerro Verde amounted to 1,549,272 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 Sociedad Minera Cerro Verde increased by 8.01%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Sociedad Minera Cerro Verde were 837,411 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Sociedad Minera Cerro Verde's Scope 1 emissions have increased by 30.01%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), Sociedad Minera Cerro Verde's Scope 1 emissions increased by 4.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Sociedad Minera Cerro Verde reported Scope 2 greenhouse gas (GHG) emissions of 394,473 tCO₂e using the market-based method and 711,861 tCO₂e using the location-based method.a
Compared to the previous year (2024), Sociedad Minera Cerro Verde's Scope 2 emissions (Location-Based) rose by 13.01% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Sociedad Minera Cerro Verde reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Sociedad Minera Cerro Verde reported 1,262,556 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 Sociedad Minera Cerro Verde includes a breakdown across 3 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, Sociedad Minera Cerro Verde reported total Scope 3 emissions of 1,262,556 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 56.68% of these emissions originated from upstream activities such as purchased goods and capital goods, while 43.32% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Sociedad Minera Cerro Verde's Scope 3 emissions remained relatively stable, indicating that Sociedad Minera Cerro Verde's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Sociedad Minera Cerro Verde reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Sociedad Minera Cerro Verde's Scope 3 emissions were:a
In 2025, Sociedad Minera Cerro Verde reported Scope 1 greenhouse gas (GHG) emissions of 837,411 tCO₂e and total revenues of USD 4,728 millions. This translates into an emissions intensity of 177.1 tCO₂e per millions USD.a
In 2025, Sociedad Minera Cerro Verde reported a Scope 1 emissions intensity of 177.1 tCO₂e per millions USD. Compared to the peer group median of 71.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Sociedad Minera Cerro Verde ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sociedad Minera Cerro Verde among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Sociedad Minera Cerro Verde reported a total carbon footprint of 2,811,828 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.86% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sociedad Minera Cerro Verde's total carbon footprint was Scope 3 emissions, accounting for 44.9% of the company's total carbon footprint, followed by Scope 1 emissions at 29.78%.a