Silver Metal Group Limited
Silver Metal Group Limited, headquartered in Australia, is a prominent player in the mining and metals industry, specialising in silver and other precious metals. Founded in the early 2000s, the company has established itself as a key operator in major regions across Australia, focusing on sustainable mining practices and innovative extraction techniques. The core offerings of Silver Metal Group include high-quality silver products and refined metal solutions, distinguished by their commitment to environmental responsibility and operational efficiency. With a strong market position, the company has achieved significant milestones, including successful exploration projects and strategic partnerships that enhance its competitive edge. As a trusted name in the sector, Silver Metal Group Limited continues to drive advancements in the mining industry while prioritising sustainability and community engagement.
DitchCarbon Score
How does Silver Metal Group 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 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
Silver Metal Group Limited's score of 8 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Silver Metal Group Limited's reported carbon emissions
In 2022, Silver Metal Group Limited reported total carbon emissions of approximately 663,000 kg CO2e, comprising 27,000 kg CO2e from Scope 1, 544,000 kg CO2e from Scope 2, and 592,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included 2,000 kg CO2e from business travel and 19,000 kg CO2e from waste generated in operations. Comparatively, in 2021, the company recorded total emissions of about 3,335,000 kg CO2e, with 35,000 kg CO2e from Scope 1, 3,185,000 kg CO2e from Scope 2, and 3,302,000 kg CO2e from Scope 3. This indicates a significant reduction in emissions from 2021 to 2022. Despite these figures, Silver Metal Group Limited has not disclosed any specific reduction targets or climate pledges, which may limit their commitment visibility in the context of industry standards. The absence of documented reduction initiatives suggests a need for enhanced climate strategies moving forward.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 35,000 | 00,000 |
| Scope 2 | 3,185,000 | 000,000 |
| Scope 3 | 3,302,000 | 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.
Silver Metal Group 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.
