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Precious Metal Production
AU
updated a day ago

Cardinal Resources Limited

Company website

Cardinal Resources Limited, often referred to simply as Cardinal, is a prominent Australian gold exploration and development company headquartered in Brisbane, Australia. Founded in 2014, Cardinal has rapidly established itself in the mining industry, focusing primarily on gold projects in West Africa, particularly in Ghana. The company’s flagship asset, the Namdini Gold Project, showcases Cardinal's commitment to sustainable mining practices and innovative exploration techniques. With a strong emphasis on resource development, Cardinal has achieved significant milestones, including substantial resource upgrades and successful feasibility studies. Recognised for its strategic approach and robust project pipeline, Cardinal Resources Limited continues to strengthen its market position, aiming to deliver high-quality gold production while contributing positively to the communities in which it operates.

DitchCarbon Score

How does Cardinal Resources Limited'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.

6

Industry Average

Mean score of companies in the Precious Metal Production 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.

15

Industry Benchmark

Cardinal Resources Limited's score of 6 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

15%

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Cardinal Resources Limited's reported carbon emissions

Inherited from Shandong Gold Mining Co., Ltd.

Cardinal Resources Limited, headquartered in Australia, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Shandong Gold Mining Co., Ltd., which may influence its climate commitments and reporting practices. While Cardinal Resources Limited has not established its own reduction targets or climate pledges, it is important to note that its parent company, Shandong Gold Mining Co., Ltd., may have relevant initiatives and targets that could impact Cardinal's environmental strategies. However, specific details regarding these initiatives or any cascading targets from Shandong Gold Mining Co., Ltd. are not provided. In the absence of direct emissions data and reduction commitments, Cardinal Resources Limited's approach to climate action remains unclear. The company may benefit from aligning with industry standards and best practices in emissions reporting and reduction strategies to enhance its sustainability profile.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Cardinal Resources Limited's primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cardinal Resources Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Cardinal Resources Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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