SOUTHERN COPPER
Southern Copper Corporation, commonly referred to as Southern Copper, is a leading player in the mining industry, headquartered in Peru (PE). Founded in 1954, the company has established itself as a major producer of copper, with significant operations in Peru and Mexico. Specialising in the extraction and production of copper, molybdenum, and other minerals, Southern Copper is renowned for its high-quality products and sustainable mining practices. The company has achieved notable milestones, including expansions in its mining operations and advancements in environmentally responsible techniques. With a strong market position, Southern Copper is recognised for its commitment to operational excellence and innovation, making it a key contributor to the global copper supply chain. Its focus on efficiency and sustainability sets it apart in the competitive mining sector.
DitchCarbon Score
How does SOUTHERN COPPER's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Copper Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
SOUTHERN COPPER's score of 24 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SOUTHERN COPPER's reported carbon emissions
In 2023, Southern Copper's emissions in Peru (PE) totalled approximately 710,000,000 kg CO2e, comprising solely of Scope 1 emissions, as there were no reported Scope 2 emissions. This figure reflects the company's operational carbon footprint within the region. Globally, Southern Copper reported a total of about 358,000,000,000 kg CO2e, with Scope 1 emissions at approximately 281,200,000,000 kg CO2e, Scope 2 emissions at about 9,500,000,000 kg CO2e, and Scope 3 emissions reaching approximately 290,700,000,000 kg CO2e. The significant contribution of Scope 3 emissions highlights the broader impact of the company's supply chain and product lifecycle. Despite the substantial emissions figures, there are currently no specific reduction targets or climate pledges disclosed by Southern Copper. The emissions data is cascaded from its parent company, Southern Copper Corporation, which is part of Grupo México, S.A.B. de C.V. This corporate relationship indicates that the climate commitments and performance metrics may align with broader initiatives undertaken by the parent organisation. Overall, while Southern Copper has reported extensive emissions data, the absence of defined reduction targets suggests an opportunity for the company to enhance its climate strategy and commitments moving forward.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 62,300,000,000 | 00,000,000,000 | 000,000,000,000 |
| Scope 2 | 6,400,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 290,700,000,000 | 00,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SOUTHERN COPPER is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
