- Delays in signing the Memorandum of Agreement (MOA) due to electoral focus and COVID-19
- Artisanal and small-scale mining (ASM) posing safety risks
- Potential establishment of a carbon tax
K92 Mining Inc.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, K92 Mining Inc. disclosed greenhouse gas emissions of 37.7K tCO2e/year (location-based). By scope: Scope 1: 24.3K tCO2e/year; Scope 2: 13.3K tCO2e/year (location-based). 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
37.7K tCO2e/year (location-based)
2022
Renewable Energy
13%
of total energy
Water Usage
173.9K m3/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 24.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.3K tCO2e/year (location-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 37.7K tCO2e/year (location-based) |
| 2021 | 38.4K tCO2e (location-based); 29208 tCO2e (market-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 25% GHG reduction target set against business-as-usual forecast by 2030
- 66% lower carbon intensity compared to global average
- $1M investment in partnership with PNG Power Limited to upgrade power infrastructure, increasing power reliability and reducing greenhouse gas emissions
- Approximately 70% of the water from our TSF is recycled for re-use in the processing plant.
- Repurposed over 436,000 tonnes of waste rock for construction materials
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete technical environmental studies for environmental impact statement submission
- Continue to advance climate strategy and multi-year roadmap for TCFD alignment
- Progress work on government signing of Memorandum of Agreement with local landowners and governments
- Continued implementation of Employee Wellness Program
- Formalize an action plan for implementation of additional key corporate policies
📅 Medium-term
- Integrate climate strategy into overall strategic planning
🔭 Long-term
- Achieve 25% GHG emissions reduction by 2030 (business-as-usual forecast)
🌱 ESG Focus Areas
Responsible GovernanceEmpowering Our WorkforceSocially Responsible MiningEnvironmental Stewardship