Grange Resources
Grange Resources Limited, commonly referred to as Grange Resources, is a prominent player in the Australian mining industry, headquartered in Tasmania, Australia. Founded in 1965, the company has established itself as a leader in iron ore production, particularly through its flagship project, the Savage River mine, located in the northwest of Tasmania. Grange Resources is renowned for its high-quality iron ore pellets and concentrates, which are essential for steel manufacturing. The company’s commitment to sustainable practices and innovative processing techniques sets it apart in a competitive market. With a strong focus on operational efficiency and environmental responsibility, Grange Resources has achieved significant milestones, solidifying its position as a key supplier in the global iron ore sector.
DitchCarbon Score
How does Grange Resources'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 Iron Ores 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
Grange Resources's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grange Resources's reported carbon emissions
In 2023, Grange Resources, headquartered in Australia, reported significant carbon emissions of approximately 1,056,965,000 kg CO2e, all of which fall under Scope 1 emissions. This represents a substantial increase compared to their 2021 emissions, which were about 215,061,000 kg CO2e for Scope 1 and approximately 40,602,000 kg CO2e for Scope 2. Despite the increase in emissions, Grange Resources has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. There are no commitments to the Science Based Targets initiative (SBTi) or other climate pledges currently reported. The company’s production emissions are noted to be around 0.12 tonnes CO2 per metric ton of pellet production, indicating a focus on monitoring their operational efficiency. However, without clear reduction strategies or targets, the path forward for Grange Resources in addressing climate change remains uncertain. Overall, while Grange Resources has provided emissions data, the lack of reduction commitments highlights a potential area for improvement in their climate strategy.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 215,061,000 | 0,000,000,000 |
| Scope 2 | 40,602,000 | - |
| Scope 3 | - | - |
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.
Grange Resources 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.
