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Sociedad Minera Cerro Verde SAA

Common Name
Sociedad Minera Cerro Verde
Country
Peru
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
CVERDEC1
Exchange
BOLSA DE VALORES DE LIMA
Description
Sociedad Minera Cerro Verde S.A.A. is a leading mining company based in Peru, primarily engaged in the extraction and processing of copper, one of the most crucial industrial metals. The company opera...

Sociedad Minera Cerro Verde's GHG Emissions Data Preview

In 2024, 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).

However, Sociedad Minera Cerro Verde has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Sociedad Minera Cerro Verde’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Sociedad Minera Cerro Verde’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 Sociedad Minera Cerro Verde’s data sources below and access millions more through our Disclosure Search.

a. Sociedad Minera Cerro Verde's Sustainability Report 2024
b. Sociedad Minera Cerro Verde's Sustainability Report 2023

Insights into Sociedad Minera Cerro Verde's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sociedad Minera Cerro Verde amounted to 1,189,062 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 Sociedad Minera Cerro Verde decreased by 2.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Sociedad Minera Cerro Verde's Scope 1 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e+3%+10%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Sociedad Minera Cerro Verde's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sociedad Minera Cerro Verde were 804,427 metric tons of CO₂ equivalent (tCO₂e).a

Has Sociedad Minera Cerro Verde reduced its Scope 1 emissions over time?

Since 2021, Sociedad Minera Cerro Verde's Scope 1 emissions have increased by 24.89%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Sociedad Minera Cerro Verde's Scope 1 emissions increased by 10%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Sociedad Minera Cerro Verde's Scope 2 emissions?

In 2024, Sociedad Minera Cerro Verde reported Scope 2 greenhouse gas (GHG) emissions of 384,635 tCO₂e using the market-based method.a

Has Sociedad Minera Cerro Verde reduced its Scope 2 emissions over time?

Since 2021, Sociedad Minera Cerro Verde's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 21.89%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Sociedad Minera Cerro Verde's Scope 2 emissions (Market-Based) fell by 22.05% 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 Sociedad Minera Cerro Verde use for Scope 2 reporting?

In 2024, Sociedad Minera Cerro Verde reported its Scope 2 emissions using the market-based method.a

Sociedad Minera Cerro Verde's Scope 2 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Market-Based

Insights into Sociedad Minera Cerro Verde's Value Chain Emissions

In 2024, Sociedad Minera Cerro Verde reported 1,353,577 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 Sociedad Minera Cerro Verde includes a breakdown across 0 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

Sociedad Minera Cerro Verde's Scope 3 Emissions Over Time

202320240350 k700 k1.05 M1.4 MtCO2e-1%
  • Total Scope 3
  • Year-over-Year Change

What are Sociedad Minera Cerro Verde's Scope 3 emissions?

In 2024, Sociedad Minera Cerro Verde reported total Scope 3 emissions of 1,353,577 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), 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

Insights into Sociedad Minera Cerro Verde’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sociedad Minera Cerro Verde reported Scope 1 greenhouse gas (GHG) emissions of 804,427 tCO₂e and total revenues of USD 4,238 millions. This translates into an emissions intensity of 189.8 tCO₂e per millions USD.a

Sociedad Minera Cerro Verde's Scope 1 Emissions Intensity Compared to Peers

102005,000100,0002,000,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)VSBBanco Internacional del PeruYear: 2024Scope 1: 619 tCO2eRevenue: $M 538Scope 1 Intensity: 1.15 tCO2e/$MVVVolcan Compania MineraYear: 2024Scope 1: 54,345 tCO2eRevenue: $M 961Scope 1 Intensity: 56.58 tCO2e/$MSri Trang Gloves Thailand CoYear: 2024Scope 1: 58,944 tCO2eRevenue: $M 728Scope 1 Intensity: 80.95 tCO2e/$MAlliance Global GroupYear: 2024Scope 1: 205,173 tCO2eRevenue: $M 3,853Scope 1 Intensity: 53.25 tCO2e/$MSSSecurity BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 946Scope 1 Intensity: 0.01 tCO2e/$MBBBNP Paribas FortisYear: 2024Scope 1: 9,059 tCO2eRevenue: $M 10,711Scope 1 Intensity: 0.85 tCO2e/$MWeMadeYear: 2023Scope 1: 114 tCO2eRevenue: $M 474Scope 1 Intensity: 0.24 tCO2e/$MQuintet Private Bank EuropeYear: 2024Scope 1: 2,079 tCO2eRevenue: $M 595Scope 1 Intensity: 3.49 tCO2e/$MDWF GroupYear: 2025Scope 1: 93 tCO2eRevenue: $M 621Scope 1 Intensity: 0.15 tCO2e/$MGrupa Azoty PoliceYear: 2024Scope 1: 820,194 tCO2eRevenue: $M 604Scope 1 Intensity: 1,358.26 tCO2e/$MSociedad Minera Cerro VerdeYear: 2024Scope 1: 804,427 tCO2eRevenue: $M 4,238Scope 1 Intensity: 189.80 tCO2e/$M

How does Sociedad Minera Cerro Verde's GHG emissions intensity compare to its peers?

In 2024, Sociedad Minera Cerro Verde reported a Scope 1 emissions intensity of 189.8 tCO₂e per millions USD. Compared to the peer group median of 2.32, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Sociedad Minera Cerro Verde rank on GHG emissions intensity within its industry?

In 2024, Sociedad Minera Cerro Verde ranked 10 out of 10 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

Insights into Sociedad Minera Cerro Verde's Total Carbon Footprint

In 2024, Sociedad Minera Cerro Verde reported a total carbon footprint of 2,542,639 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Sociedad Minera Cerro Verde's total carbon footprint was Scope 3 emissions, accounting for 53.24% of the company's total carbon footprint, followed by Scope 1 emissions at 31.64%.a

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