Altius Minerals Corporation, commonly referred to as Altius, is a prominent player in the mining and mineral exploration industry, headquartered in Canada. Founded in 2003, the company has established itself as a leader in the development of mineral royalties and streams, primarily focusing on copper, gold, and other base metals across North America and beyond. With a unique business model centred on generating revenue through mineral royalties, Altius has achieved significant milestones, including strategic partnerships and successful project acquisitions. The company’s innovative approach to resource development and commitment to sustainability have positioned it favourably in the market, earning recognition for its contributions to the mining sector. Altius continues to expand its portfolio, leveraging its expertise to create value for stakeholders while promoting responsible resource management.
How does Altius Minerals'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 Iron Ores 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.
Altius Minerals's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Altius Minerals, headquartered in Canada, reported total carbon emissions of approximately 72,757,000 kg CO2e. This figure includes 1,100 kg CO2e from Scope 2 emissions and a significant 72,757,000 kg CO2e from Scope 3 emissions, which encompasses investments, business travel, and employee commuting. Over the past few years, Altius has shown fluctuations in its emissions profile. In 2022, the company recorded about 104,185,000 kg CO2e in total emissions, with 1,500 kg CO2e from Scope 2 and the majority from Scope 3. The Scope 2 emissions have increased slightly from 1,300 kg CO2e in 2021 to 1,500 kg CO2e in 2022, while Scope 3 emissions have varied significantly, indicating a need for enhanced focus on reducing these indirect emissions. Despite these figures, Altius Minerals has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the mining industry increasingly prioritises sustainability, Altius will need to consider establishing measurable goals to align with global climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | - |
Scope 2 | 1,000 | 0,000 | 0,000 | 0,000 | 0,000 |
Scope 3 | 19,000 | 0,000 | 00,000,000 | 000,000,000 | 00,000,000 |
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.
Altius Minerals is not committed to any reduction initiatives 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.