Triple Flag Precious Metals
Triple Flag Precious Metals Corp., headquartered in California, is a prominent player in the precious metals streaming and royalty industry. Founded in 2016, the company has rapidly established itself as a leader in providing innovative financing solutions to mining companies, primarily in North America and other key operational regions. Specialising in gold and silver streams, Triple Flag offers unique financial structures that enable miners to optimise their capital while minimising risk. The company's commitment to responsible mining practices and sustainable development sets it apart in a competitive market. With a robust portfolio and strategic partnerships, Triple Flag has achieved significant milestones, positioning itself as a trusted partner in the precious metals sector.
DitchCarbon Score
How does Triple Flag Precious Metals'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.
Industry Average
Mean score of companies in the Precious 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.
Industry Benchmark
Triple Flag Precious Metals's score of 21 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Triple Flag Precious Metals's reported carbon emissions
In 2023, Triple Flag Precious Metals reported total carbon emissions of approximately 25,172,000 kg CO2e. This figure includes about 37,000 kg CO2e from Scope 2 emissions and a significant 25,135,000 kg CO2e from Scope 3 emissions, primarily driven by investments (24,955,000 kg CO2e) and business travel (177,000 kg CO2e). The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and reflects a commitment to align with the necessary reductions to limit global warming to 1.5°C. Additionally, Triple Flag Precious Metals is focused on measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. Over the past few years, the company has shown a trend of increasing emissions, with total emissions rising from approximately 14,223,000 kg CO2e in 2021 to the current figure in 2023. This highlights the importance of their reduction targets as they work towards a more sustainable operational model.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - |
| Scope 2 | 90,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 5,697,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Triple Flag Precious Metals is participating in some 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.
