In 2024, Southern Copper 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).
Southern Copper has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,040,000a | 1,920,000a | 2,000,000a | |
Total Scope 2 | ||||
Market-Based | 1,630,000a | 1,650,000a | 1,870,000a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 5,494,069a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 178.4246a | 194.0217a | 199.0466a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of Southern Copper amounted to 3,670,000 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 Southern Copper increased by 2.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Southern Copper were 2,040,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Southern Copper's Scope 1 emissions have increased by 17.24%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Southern Copper's Scope 1 emissions increased by 6.25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Southern Copper reported Scope 2 greenhouse gas (GHG) emissions of 1,630,000 tCO₂e using the market-based method.a
Since 2019, Southern Copper's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 16.84%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Southern Copper's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Southern Copper's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Southern Copper reported its Scope 2 emissions using the market-based method.a
In 2024, Southern Copper reported 5,494,069 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 Southern Copper includes a breakdown across 9 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 chaina
In 2024, Southern Copper reported total Scope 3 emissions of 5,494,069 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 53.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 46.38% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Southern Copper reported emissions for 9 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.
In 2024, the largest contributors to Southern Copper's Scope 3 emissions were:a
In 2024, Southern Copper reported Scope 1 greenhouse gas (GHG) emissions of 2,040,000 tCO₂e and total revenues of USD 11,433 millions. This translates into an emissions intensity of 178.42 tCO₂e per millions USD.a
In 2024, Southern Copper reported a Scope 1 emissions intensity of 178.42 tCO₂e per millions USD. Compared to the peer group median of 76.98, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Southern Copper ranked 16 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Southern Copper is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Southern Copper reported a total carbon footprint of 9,164,069 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 156.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Southern Copper's total carbon footprint was Scope 3 emissions, accounting for 59.95% of the company's total carbon footprint, followed by Scope 1 emissions at 22.26%.a