Sandstorm Gold Royalties Inc., headquartered in California, is a prominent player in the precious metals streaming and royalty industry. Founded in 2008, the company has established itself as a leader in providing financing solutions to mining companies, primarily focusing on gold and silver. With a diverse portfolio of over 200 royalties and streams across various operational regions, including North America, South America, and Africa, Sandstorm is well-positioned in the market. The company's unique business model allows it to acquire royalties and streams on mining projects, enabling it to benefit from the upside of production without the associated operational risks. Notable achievements include a strong track record of growth and a commitment to sustainable practices, making Sandstorm Gold Royalties a respected name in the mining sector.
How does Sandstorm Gold Royalties'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 Salt and Mineral 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.
Sandstorm Gold Royalties's score of 32 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sandstorm Gold Royalties reported total carbon emissions of approximately 148,500 kg CO2e, with emissions distributed across Scope 2 and Scope 3 categories. Specifically, Scope 2 emissions accounted for about 24,300 kg CO2e, while Scope 3 emissions from business travel and employee commuting contributed approximately 135,200 kg CO2e and 11,000 kg CO2e, respectively. Comparatively, in 2022, the company recorded total emissions of about 36,600 kg CO2e from Scope 2 and approximately 356,600 kg CO2e from Scope 3, indicating a significant reduction in Scope 3 emissions in 2023. This trend reflects Sandstorm's ongoing commitment to improving its carbon footprint. Despite the absence of specific reduction targets or initiatives outlined in their reports, Sandstorm Gold Royalties continues to monitor and disclose its emissions data, demonstrating a commitment to transparency in its climate impact. The company operates within the mining sector, which is increasingly focused on sustainability and reducing greenhouse gas emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | - |
Scope 2 | 25,300 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 148,600 | 000,000 | 000,000 | 000,000 | 000,000 |
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.
Sandstorm Gold Royalties 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.