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 13 is lower than 60% 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, 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 business travel (39,500 kg CO2e) and employee commuting (10,400 kg CO2e). Notably, there were no reported Scope 1 emissions. Comparatively, in 2022, Altius Minerals recorded total emissions of about 104,185,000 kg CO2e, with 1,500 kg CO2e from Scope 2 and 104,185,000 kg CO2e from Scope 3, indicating a reduction in overall emissions in 2023. Altius Minerals has committed to developing a net-zero emissions plan that encompasses Scope 1, Scope 2, and Scope 3 emissions, with a target completion date set for 2050. This initiative, which began in 2023, aims to align the company's operations with long-term sustainability goals. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Altius Minerals Corporation. The company continues to focus on reducing its carbon footprint while enhancing its sustainability practices.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 1,100 | 0,000 | 0,000 |
| Scope 3 | 7,000 | 00,000,000 | 000,000,000 |
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.
