Gold Road Res Sustainability Profile
Gold Road Resources Limited, commonly referred to as Gold Road, is a prominent Australian gold exploration and development company headquartered in Perth, Western Australia. Founded in 2004, Gold Road has established itself as a key player in the mining industry, particularly in the Yamarna Greenstone Belt, where it focuses on the discovery and development of high-quality gold deposits. The company’s flagship project, the Gruyere Gold Project, is a joint venture with Gold Fields and has achieved significant milestones since its inception, including successful production and exploration results. Gold Road is recognised for its innovative approach to resource development and commitment to sustainable practices, setting it apart in a competitive market. With a strong portfolio of projects and a strategic vision for growth, Gold Road continues to solidify its position as a leader in the Australian gold sector.
DitchCarbon Score
How does Gold Road Res'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 Mining 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
Gold Road Res's score of 36 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gold Road Res's reported carbon emissions
In 2024, Gold Road Resources reported total carbon emissions of approximately 236,280,000 kg CO2e. This includes Scope 1 emissions of about 118,003,000 kg CO2e, Scope 2 emissions of approximately 76,000 kg CO2e, and Scope 3 emissions totalling around 4,291,000 kg CO2e. Notably, the Scope 3 emissions breakdown reveals significant contributions from business travel (about 2,420,000 kg CO2e) and purchased goods and services (approximately 3,611,000 kg CO2e). For 2023, the company recorded total emissions of approximately 4,290,000 kg CO2e in Scope 3, with Scope 1 emissions at about 955,000 kg CO2e and Scope 2 emissions remaining consistent at approximately 76,000 kg CO2e. Gold Road Resources has set ambitious climate commitments, aiming for net-zero emissions by 2050. The company has established interim targets for 2030, focusing on reducing both Scope 1 and Scope 2 emissions, which are linked to the potential extension of their Gruyere project. These targets were initiated in 2023 and are part of their broader sustainability strategy. The emissions data is not cascaded from any parent organization, indicating that Gold Road Resources Limited independently reports its carbon footprint and climate initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,633,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000,000 |
| Scope 2 | 59,000 | 00,000 | 00,000 | 000,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | 000,000 | 0,000,000 | 0,000,000 |
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Gold Road Res's Scope 3 Categories Breakdown
Gold Road Res's Scope 3 emissions, which increased by 0% last year and increased by approximately 755% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 84% of Scope 3 emissions.
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Gold Road Res'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.
Gold Road Res 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.
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