Saracen Mineral Holdings Limited
Saracen Mineral Holdings Limited, commonly referred to as Saracen, is a prominent Australian gold mining company headquartered in Perth, Western Australia. Established in 2010, Saracen has rapidly evolved within the mining sector, focusing primarily on gold exploration and production across its key operational regions in Western Australia. The company is renowned for its high-quality gold assets, including the Carosue Dam and Thunderbox operations, which contribute significantly to its robust portfolio. Saracen's commitment to sustainable mining practices and innovative extraction techniques sets it apart in the competitive landscape. With a strong market position, Saracen has achieved notable milestones, including substantial production increases and strategic acquisitions, solidifying its reputation as a leader in the Australian gold industry.
DitchCarbon Score
How does Saracen Mineral Holdings Limited'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 Precious Metal Production 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
Saracen Mineral Holdings Limited's score of 7 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saracen Mineral Holdings Limited's reported carbon emissions
In 2020, Saracen Mineral Holdings Limited reported total carbon emissions of approximately 373,076,000 kg CO2e, comprising about 122,176,000 kg CO2e from Scope 1 and about 250,900,000 kg CO2e from Scope 2 emissions. This data reflects a significant operational footprint, with emissions disclosed for both Scope 1 and Scope 2, while Scope 3 emissions data remains undisclosed. Over the years, Saracen has shown fluctuations in emissions. For instance, in 2019, the company recorded approximately 357,754,000 kg CO2e, with Scope 1 emissions at about 99,978,000 kg CO2e and Scope 2 emissions at about 257,976,000 kg CO2e. In 2018, total emissions were around 452,487,000 kg CO2e, with Scope 1 at approximately 193,387,000 kg CO2e and Scope 2 at about 259,100,000 kg CO2e. Despite these figures, Saracen has not established specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of documented reduction initiatives suggests a need for enhanced climate action strategies within the organisation. It is important to note that the emissions data is cascaded from Saracen Mineral Holdings Limited, which is classified as a current subsidiary. The company has not inherited any specific climate initiatives from a parent organisation, indicating that their emissions reporting is independent. Overall, while Saracen Mineral Holdings Limited has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 31,749,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 38,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| 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.
Saracen Mineral Holdings Limited 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.
