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 35 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Altius Minerals reported carbon emissions of approximately 18,366,200 kg CO2e in Scope 3, with an additional 2,200 kg CO2e in Scope 2 emissions. The previous year, 2023, saw emissions of about 122,939,000 kg CO2e in Scope 3 and 1,100 kg CO2e in Scope 2, indicating a significant reliance on indirect emissions sources. Notably, Scope 1 emissions were not reported, reflecting a potential area for future data collection. Altius Minerals has set long-term climate commitments, aiming to develop a net-zero emissions plan that encompasses Scope 1, Scope 2, and Scope 3 emissions by 2050. This initiative, initiated in 2023, underscores the company's commitment to addressing its carbon footprint comprehensively. The emissions data is not cascaded from any parent organization, indicating that Altius Minerals is independently reporting its climate impact. The company continues to focus on transparency and accountability in its sustainability efforts, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | - | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 124,000 | 0,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Altius Minerals's Scope 3 emissions, which decreased by 85% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Altius Minerals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
