Altius Minerals
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Altius Minerals's score of 32 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altius Minerals's reported carbon emissions
In 2023, Altius Minerals reported total carbon emissions of approximately 72,757,000 kg CO2e, with no emissions from Scope 1 and 1,100 kg CO2e from Scope 2. The majority of their emissions, about 72,757,000 kg CO2e, were classified under Scope 3, primarily driven by investments (approximately 72,691,000 kg CO2e) and business travel (about 39,500 kg CO2e). Comparatively, in 2022, the company recorded total emissions of around 104,185,000 kg CO2e, with Scope 2 emissions at 1,500 kg CO2e and Scope 3 emissions at approximately 104,185,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Altius Minerals has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of Scope 1 emissions and the relatively low Scope 2 emissions suggest a focus on managing indirect emissions, particularly in their investment activities. The company continues to monitor and report its emissions, aligning with industry standards for transparency in climate impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | 45,300 | 00,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 157,000 | 000,000 | 00,000,000 | 000,000,000 | 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.
Altius Minerals 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.
