GBX 1,719 (0.69)%
Share price
$ 21 bn
Market Cap
$ 25 bn
Enterprise Value

Carbon footprint

96 Ton
GHG emissions per $ 1 mln investment
2.6x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
In line with the -6.6% weighted average for S&P 500
How is this calculated?

Antofagasta aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2020

This target has not been verified as science based according to SBTi
Antofagasta's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Antofagasta's GHG emissions (location-based) (Kt of CO2e)
Antofagasta's Carbon intensity (Tons per 1 USDm)

Antofagasta's carbon footprint

Antofagasta reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2,391 Kt (-44 /-1.8% y-o-y). Also positively, carbon intensity plummeted to 320 t (-155 /-32.6% y-o-y).

No public disclosure of Scope 3 emissions has been found for Antofagasta at the moment.

The company is committed to reducing Scope 1 + 2 by 30% by 2025 from a base year 2020, which translates into the estimated reduction of -172 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Antofagasta aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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