Commitment to
climate change
(TCFD)

Peñoles produces essential resources for people’s well-being. To do so, we must responsibly manage our social and environmental impacts.

Climate change

To read our TCFD report:

We are resolute about setting decarbonization commitments and targets. We have measured our emissions and know which of our processes have the largest carbon footprint, and we have expertise in technologies such as wind farms, cogeneration, and dual vehicle fleets. So far, renewable electricity has been the main lever for decarbonization, and we plan to maximize the supply of electricity from renewable sources by the end of this decade

We are developing a decarbonization roadmap at the strategic level to use as a basis for targets and guide the incorporation of decarbonization initiatives into the organization's strategic, operational, and budget planning.

It is essential to have regionally scaled global circulation models in order to generate climate projections with a higher spatial resolution. We have stepped up our collaboration with universities to generate climate projections at geographic scales compatible with our operations. These should provide valuable inputs for understanding extreme events in the future and integrating climate change into new projects and mine closure planning.

In 2022, we reported our climate-related performance, risks, and opportunities for the first time, following the recommendations of the TCFD; and, this year, our report provides information on our governance, strategy, and risk management related to climate change, as well as Industrias Peñoles' metrics and targets

GHG Emissions
(ktCO2e)

  • Scope 1
  • Scope 2

GEI 
(ktCO2e)

Scope 1
 

Scope 2
 

  • Peñoles Mines
  • Fresnillo plc Mines
  • Metals
  • Chemicals