Sherritt International Corporation
Sherritt International Corporation, often referred to simply as Sherritt, is a leading Canadian resource company headquartered in Calgary, Alberta. Founded in 1927, Sherritt has established itself as a key player in the mining and energy sectors, with significant operations in Canada, Cuba, and Madagascar. The company primarily focuses on nickel and cobalt production, alongside oil and gas exploration, leveraging innovative technologies to enhance efficiency and sustainability. Sherritt's unique approach to resource extraction and processing has positioned it as a market leader, particularly in the production of battery metals essential for the growing electric vehicle industry. With a commitment to responsible mining practices and community engagement, Sherritt continues to achieve notable milestones, reinforcing its reputation as a trusted name in the global resource market.
DitchCarbon Score
How does Sherritt International Corporation'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 Lead, Zinc, and Tin Processing 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
Sherritt International Corporation's score of 26 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sherritt International Corporation's reported carbon emissions
In 2023, Sherritt International Corporation reported total carbon emissions of approximately 864,392,509 kg CO2e for Scope 1 and about 110,377,822 kg CO2e for Scope 2. This marks a decrease from 2022, where emissions were approximately 923,132,712 kg CO2e for Scope 1 and 119,558,000 kg CO2e for Scope 2. Over the past few years, the company has shown a trend of reducing its emissions, with 2021 figures at about 941,721,884 kg CO2e for Scope 1 and 123,122,000 kg CO2e for Scope 2, and 2020 emissions reaching approximately 1,998,000,000 kg CO2e for Scope 1 and 125,000,000 kg CO2e for Scope 2. Despite these reductions, Sherritt has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. As a company headquartered in Canada, Sherritt is positioned within an industry increasingly focused on sustainability and climate responsibility, highlighting the importance of ongoing emissions management and transparency in their climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,293,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 119,000,000 | 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.
Sherritt International Corporation 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.
