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Gold Road Resources Ltd, commonly referred to as Gold Road, is a prominent player in the precious metal ores and concentrates industry, headquartered in Australia. Founded in 2004, the company has established itself as a leader in gold exploration and production, primarily operating in the highly prospective Yamarna Belt in Western Australia.
Gold Road is renowned for its flagship project, the Gruyere Gold Mine, which has significantly contributed to its market position. The company focuses on sustainable mining practices and innovative exploration techniques, setting it apart in a competitive landscape. With a commitment to delivering high-quality gold products, Gold Road continues to achieve notable milestones, reinforcing its reputation as a key contributor to the Australian mining sector.
+18 vs industry average
Gold Road Res’s score of 40 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Mining has above-average carbon intensity
The Precious Metal Mining industry has reduced its overall emissions by 41% since 2018
Scope 3 accounts for ••• of total emissions.
Gold Road Res, headquartered in Australia and operating in the Precious Metal Ores and Concentrates industry, reported its most recent emissions data for 2024. In 2024, the company's total emissions were approximately 236.28 million kg CO2e. This included Scope 1 emissions of about 118.00 million kg CO2e, Scope 2 emissions of approximately 76,000 kg CO2e, and Scope 3 emissions of around 4.29 million kg CO2e. Key categories contributing to Scope 3 emissions in 2024 were business travel (approximately 2.42 million kg CO2e) and purchased goods and services (about 3.61 million kg CO2e).
For 2023, Gold Road Res reported Scope 1 emissions of approximately 955,000 kg CO2e, Scope 2 emissions of around 76,000 kg CO2e, and Scope 3 emissions of about 4.29 million kg CO2e. The company did not provide a calculated total for all scopes in 2023.
In 2022, Gold Road Res recorded Scope 1 emissions of approximately 1.87 million kg CO2e, Scope 2 emissions of about 222,000 kg CO2e, and Scope 3 emissions of around 502,000 kg CO2e.
Looking back, in 2021, the company's Scope 1 emissions were approximately 1.92 million kg CO2e, Scope 2 emissions were around 79,000 kg CO2e, and Scope 3 emissions were about 2.20 million kg CO2e. For 2020, Gold Road Res reported Scope 1 emissions of approximately 1.96 million kg CO2e, Scope 2 emissions of about 48,000 kg CO2e, and no reported Scope 3 emissions (0.0 kg CO2e). In 2019, Scope 1 emissions were about 1.63 million kg CO2e, Scope 2 emissions were around 59,000 kg CO2e, and no Scope 3 emissions were reported.
Gold Road Res is working towards setting an interim 2030 target for Scope 1 and Scope 2 emissions as part of its commitment to achieving net-zero emissions by 2050. This commitment is linked to the potential extension of the Gruyere project. The emissions data for Gold Road Res is directly reported by the organization itself. However, the company is a current subsidiary of Gold Fields Limited, and certain initiatives, such as RTZ and SBTi, cascade from the parent company, Gold Fields Limited.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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