- Global economic uncertainty, geopolitical insecurity, inflation, currency instability, supply chain issues, and rising interest rates contributed to delays in project completion
- Challenging ground conditions and slow advance rates of underground development and mining
- Difficulties in ramping up the plant and equipment to nameplate capacity
- Potential opposition from environmental groups, local residents, or others
- Potential impact of political instability and civil unrest
- Uncertainties in mining laws and regulations in Bosnia and Herzegovina and Serbia
Adriatic Metals PLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Adriatic Metals PLC disclosed greenhouse gas emissions of 2.4K tCO2e/year (Scope 1 and 2). By scope: Scope 1: 2.3K tCO2e/year; Scope 2: 192 tCO2e/year. 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
2.4K tCO2e/year (Scope 1 and 2)
2023
Renewable Energy
4.83%
of total energy
Water Usage
43.8 m³/day (processed)
2023
Energy Use
9.4M kWh/year
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). | 2.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 192 tCO2e/year |
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 | 2.4K tCO2e/year (Scope 1 and 2) |
| 2022 | 575.4K kg CO2e |
| 2021 | 575.4K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Built water treatment facility with 25 m³/h of treatment capacity
- Reduced fresh water use through recycling (100% recycled water at processing plant)
- Implemented INX Software and Arc GIS for environmental data visualization and monitoring
- Updated Biodiversity Action Plan (BAP) reflecting alterations in haul road design and incorporating findings from the 2022 research
- Established a comprehensive “Green Plan” for afforestation, planting approximately 2,500 seedlings
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reach nameplate concentrate production and generate positive cash flow from operations by Q4 2024
📅 Medium-term
- Achieve targeted science-based reduction in combined Scope 1 and 2 emissions by 2035
- Develop a progressive Net Zero strategy by 2025
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionCommunity EngagementHealth & SafetyEnvironmental ManagementResponsible Resource Management