Agnico Eagle Mines Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Agnico Eagle Mines Limited disclosed greenhouse gas emissions of 1.3M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.2M tCO2e/year; Scope 2: 186.4K tCO2e/year; Scope 3: 2.0M 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
1.3M tCO2e/year (Scope 1 & 2)
2023
⚡
Renewable Energy
56%
of total energy
💧
Water Usage
8.6M m3/year (freshwater withdrawn)
2023
♻️
Waste
78.6K tons/year (hazardous + domestic)
2023
⚙️
Energy Use
26.4M GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.2M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.186.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.0M tCO2e/year (estimated)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Global Combined Incident Frequency Rate (GCIFR) by 5% from 2023 levels
  • Implement injury severity rate as key measurement in tracking injury management performance
  • Address 100% of grievances within 30 days, adjust KPI to report number of complainants
  • Develop baseline of community relations and satisfaction in all regions and implement new KPIs

📅 Medium-term

  • Reduce Scope 1 & 2 emissions by 30% by 2030
  • Achieve zero major or critical/extreme environmental incidents

🔭 Long-term

  • Net zero emissions by 2050
  • Towards Zero Accidents: 25% reduction in global combined and total recordable incident frequencies over 5 years

🌱 ESG Focus Areas

Health, Safety, and WellnessEnvironmental StewardshipCommunity RelationsIndigenous RelationsClimate ChangeDiversity, Equity, and InclusionGovernance

⚠️ Challenges & Risks +

  • Climate change impacts (wildfires, floods, droughts)
  • Supply chain disruptions
  • Water stress in some operating regions
  • Maintaining biodiversity in diverse ecosystems
  • Achieving net-zero emissions by 2050

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Metals and Mining disclosures, TCFD framework