Southern Copper Corp
Southern Copper's GHG Emissions Data Preview
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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Southern Copper’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 Southern Copper’s data sources below and access millions more through our Disclosure Search.
Insights into Southern Copper's Operational Emissions
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
Southern Copper's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Southern Copper's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Southern Copper were 2,040,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Southern Copper reduced its Scope 1 emissions over time?
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
What are Southern Copper's Scope 2 emissions?
In 2024, Southern Copper reported Scope 2 greenhouse gas (GHG) emissions of 1,630,000 tCO₂e using the market-based method. a
Has Southern Copper reduced its Scope 2 emissions over time?
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
What methodology does Southern Copper use for Scope 2 reporting?
In 2024, Southern Copper reported its Scope 2 emissions using the market-based method. a
Southern Copper's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Southern Copper's Value Chain Emissions
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 chain a
Southern Copper's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Southern Copper's Scope 3 emissions?
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
What categories of Scope 3 emissions does Southern Copper disclose?
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.
What are the main sources of Southern Copper's Scope 3 emissions?
In 2024, the largest contributors to Southern Copper's Scope 3 emissions were: a
- Processing of Sold Products (Cat. 10): 2,548,147 tCO₂e (46.38%)
- Purchased Goods and Services (Cat. 1): 1,506,803 tCO₂e (27.43%)
- Fuel- and Energy-Related Services (Cat. 3): 884,814 tCO₂e (16.1%)
Southern Copper's Scope 3 Emissions by Categories
Insights into Southern Copper’s GHG Emissions Intensity Compared to Industry Peers
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
Southern Copper's Scope 1 Emissions Intensity Compared to Peers
How does Southern Copper's GHG emissions intensity compare to its peers?
In 2024, Southern Copper reported a Scope 1 emissions intensity of 178.42 tCO₂e per millions USD. Compared to the peer group median of 134.66 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Southern Copper rank on GHG emissions intensity within its industry?
In 2024, Southern Copper ranked 15 out of 23 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
Insights into Southern Copper's Total Carbon Footprint
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