- Challenging market conditions, including financing challenges for junior and intermediate mining companies.
- Reduced activity levels in the mining industry (60% of 2012 peak levels).
- Financing constraints for junior and intermediate miners impacting North American operations.
- Subdued investment sentiment in Mexico and Argentina.
- Argentina experienced a significant devaluation of the Peso.
Major Drilling Group International Inc.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 105.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Set an initial target to reduce Scope 1 and Scope 2 GHG emissions intensity (t CO2e / thousand work hours) by 5% by 2030, relative to 2022 levels.
- Developed a decarbonization roadmap, launching a Decarbonization Action Plan and establishing a working group.
- Deployed the Trailblazer Aqualink Remote Water Pump system at drilling projects to reduce water usage.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce Scope 1 and Scope 2 GHG emissions intensity by 5% by 2030.
🌱 ESG Focus Areas
Environmental StewardshipSocial ResponsibilityLeadership & Governance