- Socio-political unrest in Peru, leading to a 75-day suspension of San Rafael MU operations.
- Lower tin prices (-17% compared to 2022).
- Logistical challenges due to the Ukraine-Russia war, including port congestion and delays.
Minsur S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Minsur S.A. disclosed greenhouse gas emissions of 209.6K t CO2e (Pisco SRP) + 98442.23 t CO2e (Minsur S.A.) + 359074.63 t CO2e (Pucamarca MU) = 667099.03 tCO2e (Note: Unaudited). By scope: Scope 1: 22.7K t CO2e (San Rafael) + 17267.67 t CO2e (Pucamarca) + 108057.18 t CO2e (Pisco) = 147985.6 tCO2e; Scope 2: 42.7K t CO2e (San Rafael) + 4963.06 t CO2e (Pucamarca) + 4540.20 t CO2e (Pisco) = 52199.18 tCO2e; Scope 3: 33.1K t CO2e (San Rafael) + 336843.9 t CO2e (Pucamarca) + 96984.82 t CO2e (Pisco) = 466914.28 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.
📊 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). | 22.7K t CO2e (San Rafael) + 17267.67 t CO2e (Pucamarca) + 108057.18 t CO2e (Pisco) = 147985.6 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42.7K t CO2e (San Rafael) + 4963.06 t CO2e (Pucamarca) + 4540.20 t CO2e (Pisco) = 52199.18 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 33.1K t CO2e (San Rafael) + 336843.9 t CO2e (Pucamarca) + 96984.82 t CO2e (Pisco) = 466914.28 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 | 209.6K t CO2e (Pisco SRP) + 98442.23 t CO2e (Minsur S.A.) + 359074.63 t CO2e (Pucamarca MU) = 667099.03 tCO2e (Note: Unaudited) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Updated 2050 net-zero emissions strategy with 2022 as baseline year.
- Conducted feasibility studies for renewable energy (photovoltaic) in San Rafael and Pucamarca.
- Reduced total energy consumption by 5% compared to 2022 (2,020,727 GJ).
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce emissions by 30% by 2030
🔭 Long-term
- Net-zero emissions by 2050