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 32 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Altius Minerals reported total carbon emissions of approximately 122,940,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the majority of their footprint. Specifically, Scope 2 emissions were recorded at about 1,100 kg CO2e. The breakdown of Scope 3 emissions includes approximately 72,691,000 kg CO2e from investments, 39,500 kg CO2e from business travel, and 10,400 kg CO2e from employee commuting. Comparatively, in 2022, Altius Minerals' total emissions were about 183,601,000 kg CO2e, with Scope 2 emissions at 1,500 kg CO2e. This indicates a notable reduction in total emissions year-on-year, reflecting their commitment to addressing climate change. Despite these reductions, Altius Minerals has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further strategic planning in their sustainability efforts. Overall, while the company has made strides in reducing emissions, a more structured approach to climate commitments could enhance their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | - |
Scope 2 | 45,300 | 0,000 | 0,000 | 0,000 | 0,000 |
Scope 3 | 157,000 | 0,000 | 000,000,000 | 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.
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.