- Finding economically viable opportunities to reduce emissions further
- Supply challenges with the national electricity power supply leading to increased diesel consumption
- Prolonged drought conditions in Ecuador impacting power supply and emission factors
- Inefficiencies in the carbon offset market
Lundin Gold Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Lundin Gold Inc. disclosed greenhouse gas emissions of 40.2K tCO2e. By scope: Scope 1: 26.3K tCO2e; Scope 2: 12.2K tCO2e; Scope 3: 160.0K tCO2e. 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
40.2K tCO2e
2023
Renewable Energy
88%
of total energy
Water Usage
3.7M m3
2023
Waste
5.2K tons
2023
Energy Use
851.6K GJ
2023
📊 Emissions by Scope (2023)
| 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). | 26.3K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.2K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 160.0K tCO2e |
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 |
|---|---|
| 2023 | 40.2K tCO2e |
| 2022 | 29.6K tCO2e |
| 2021 | 746.8K tCO2e (estimated Scope 3 emissions in 2021) |
| 2020 | 49.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced per-capita water usage by 13%
- Recycled/reused 90% of non-hazardous waste
- Restored 3.4 hectares of land
- Climate Change emissions intensity of 0.08 tco2e/oz gold produced
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption to 200 litres per capita by 2025
- Comply with a comprehensive TSF standard by 2025
- Develop a local participatory water monitoring program
📅 Medium-term
- Achieve 40% success rate for university/trade school graduates obtaining formal employment by 2025
- Achieve 75% success rate for children and youth enrolled in Ring 1 educational institutions to engage in extra-curricular programs by 2025
- Achieve growth of 10% in local procurement by 2025
🔭 Long-term
- Achieve carbon neutrality (Scopes 1 and 2) by 2030
🌱 ESG Focus Areas
Climate ChangeEnvironmental StewardshipCommunity InfrastructureCommunity WellbeingHealth and SafetyHuman RightsLasting Economic OpportunitiesResponsible Resource Governance