“Companies that increase their focus on environment, safety and governance issues can strengthen their License to Operate (LTO) and gain a competitive edge in the fight for capital.”
– EY Mining and Metals Risks and Opportunities 2021
The pressure to reduce greenhouse gas (GHG) emissions remains the most significant environmental issue for mining and metals companies. Leading companies are setting out their approaches to decarbonize direct emissions; however, many current emission reduction targets must align with the Paris Agreement. Only some miners comprehend the true environmental impact of their entire value chain.
What are Scope 1, 2 and 3 emissions?
Scope 1, 2 and 3 categorize the different kinds of carbon emissions a company creates in its operations and broader value chain. The term first appeared in the Green House Gas Protocol of 2001, and today, Scopes are the basis for mandatory GHG reporting across many geographies.
- Scope 1: Covers all emissions that a company makes directly — for example, mining vehicles
- Scope 2: These are the emissions companies make indirectly
- Scope 3: Covers all the emissions the company is indirectly responsible for, up and down its value chain
Cascadia Scientific Emissions Module
Many leading mining organizations rely on bulk fuel purchases or existing data from fuel or fleet management systems to report emissions and build sustainability plans for their mining assets. These methods do not provide the accuracy or granularity needed to set baselines and manage mining equipment emissions.
To support our mining partners meet their Scope 1 emissions targets, Cascadia Scientific has developed the Emissions Module. Fuel flow meters, engine data, and data science combine to provide accurate time monitoring of emissions across your mining fleet. This module accurately tracks CO2, C0, N0x and particulate emissions of mining equipment to report, manage, and reduce scope one emissions.