Sandfire Resources Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-07 to 2024-06🗂️ Report periods on file: 2023-07 to 2024-06, 2022-07 to 2023-06, 2021-07 to 2022-06, 2019

In its 2023-07 to 2024-06 reporting, Sandfire Resources Limited disclosed greenhouse gas emissions of 238.6K tCO2e/year. By scope: Scope 1: 108.3K tCO2e/year; Scope 2: 203.6K tCO2e/year; Scope 3: ~583,626 tCO2e/year (estimated). 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.

💨
GHG Emissions
238.6K tCO2e/year
2023-07 to 2024-06
⚡
Renewable Energy
73%
of total energy

📊 Emissions by Scope (2023-07 to 2024-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).108.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.203.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).~583,626 tCO2e/year (estimated)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-07 to 2024-06238.6K tCO2e/year
2022-07 to 2023-06148.6K tCO2e/year
2021-07 to 2022-0696.8K tCO2e/year (Scope 1)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Implement actions from Respect @ Work audit
  • Develop a remediation protocol for grievances
  • Develop a needs-based investment framework for community projects
  • Implement mandatory cultural heritage training

📅 Medium-term

  • Achieve 50% renewable energy by 2030
  • Deliver a 35% reduction in Scope 1 and 2 emissions by 2035
  • Achieve third-party responsible mining certification at all operating Assets by 2028
  • Align with TNFD recommendations

🔭 Long-term

  • Achieve net zero emissions (Scope 1 and 2) by 2050

🌱 ESG Focus Areas

Climate ChangeBiodiversityWater StewardshipTailings ManagementMine ClosureHealth, Safety and WellbeingPeople and CultureHuman RightsCultural HeritagePartnering with CommunitiesBusiness Integrity

⚠️ Challenges & Risks +

  • Significant change with the acquisition of MATSA and ramp-up of Motheo necessitating a review of the Sustainability Framework
  • Increase in High Potential Incidents (HPI) at MATSA
  • Historic disturbance of artefact scatters at the now-closed Monty Mine
  • Managing human rights risks in a global supply chain
  • Addressing climate change risks and opportunities
  • Balancing renewable energy sourcing with the growth of Motheo operations
  • Managing water resources in diverse operating environments
  • Aligning all tailings facilities with the ICMM’s Global Industry Standard on Tailings Management (GISTM)

📋 Report Information

Reporting Period: 2023-07 to 2024-06
Frameworks: GRI Standards, GRI 14 Mining Sector 2024, TCFD
Assurance: Deloitte (limited assurance on Scope 1 and 2 GHG emissions)