Peninsula Energy Limited, often referred to simply as Peninsula Energy, is an Australian-based company headquartered in Perth, Western Australia. Founded in 2007, the company has established itself in the uranium mining industry, focusing on the development and production of uranium from its flagship project, the Lance Projects in Wyoming, USA. Specialising in in-situ recovery (ISR) technology, Peninsula Energy offers a unique approach to uranium extraction that minimises environmental impact while maximising efficiency. The company has achieved significant milestones, including the successful transition to production and securing key regulatory approvals. With a strong commitment to sustainability and innovation, Peninsula Energy is well-positioned in the global uranium market, contributing to the growing demand for clean energy solutions.
How does Peninsula Energy Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Non-Ferrous Metal Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Peninsula Energy Limited's score of 10 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Peninsula Energy Limited, headquartered in Australia, has not publicly disclosed specific carbon emissions data for the most recent year. However, the company has established significant climate commitments aimed at reducing its greenhouse gas emissions. Peninsula Energy is focused on achieving net-zero emissions for both Scope 1 and Scope 2 by 2030. The company acknowledges its responsibility to mitigate climate change impacts and aims to reduce reliance on fossil fuels through its uranium production, which is intended for use in nuclear power plants. This initiative is part of a broader strategy to decrease harmful emissions associated with fossil fuel consumption. While specific reduction percentages have not been detailed, the company's commitment to transitioning towards cleaner energy sources reflects its proactive stance in addressing climate change. As the company progresses towards its targets, it aims to contribute positively to the global effort in reducing greenhouse gas emissions.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Peninsula Energy Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.