GlobalData offers a comprehensive analysis of Stanmore Resources, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Stanmore Resources‘ ESG performance. GlobalData’s company profile on Stanmore Resources offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Stanmore Resources, is committed to reducing its GHG emissions as part of its sustainability efforts and support the transition to a low-carbon economy. In 2022, Scope 1 emissions for the company totaled 582,483.00 tCO2-e, while Scope 2 emissions amounted to 114,865.00 tCO2-e. The company reported a combined total of 697,348.00 tCO2-e for both Scope 1 and Scope 2 emissions, with an emission intensity of 0.07 tCO2-e/ROM t. Stanmore Resources is actively monitoring and disclosing its emissions data through its Annual Report and Sustainability Report.
Stanmore Resources has likely implemented various steps to reduce its emissions. The company is investing in technologies and practices that promote energy efficiency, renewable energy sources, and emission reduction strategies. The company plans to develop a group decarbonization plan by 2024, aiming for a measurable reduction in Scope 1 and 2 emissions. Additionally, it will align with industry best practices by reporting according to the Taskforce on Climate-Related Disclosures (TCFD) Recommendations by the end of 2023. These initiatives highlight Stanmore Resources' proactive approach to sustainable business practices and emissions reduction.
In conclusion, Stanmore Resources is actively working towards reducing its GHG emissions and addressing climate change. Stanmore Resources recognizes the importance of sustainability and is taking steps to reduce its environmental footprint. By disclosing environmental risks and committing to transparency, the company is positioning itself as a responsible player in the energy sector.
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