Cardinal Resources Limited Sustainability Profile
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.
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.
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.
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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.
How Carbon Intensive is Cardinal Resources Limited's Industry?
How Carbon Intensive is Cardinal Resources Limited's Location?
Cardinal Resources Limited's Climate Goals (2030 & 2050)
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.
Cardinal Resources Limited 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.
