Gold Royalty Corp, headquartered in California, is a prominent player in the precious metals industry, specialising in gold-focused royalty and streaming investments. Founded in 2020, the company has quickly established itself as a key participant in the mining sector, with a strategic focus on North America and other major operational regions. Gold Royalty offers a unique portfolio of financial products that provide investors with exposure to gold without the direct risks associated with mining operations. Their innovative approach to royalty agreements allows them to benefit from the success of mining projects while minimising operational costs. With a commitment to sustainable practices and a growing list of partnerships, Gold Royalty is well-positioned in the market, aiming to deliver long-term value to its stakeholders.
How does Gold Royalty'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.
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.
Gold Royalty's score of 25 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Gold Royalty reported total carbon emissions of approximately 2,490,060 kg CO2e. This figure includes 1,430 kg CO2e from Scope 2 emissions, while Scope 3 emissions, specifically from investments, accounted for about 2,487,630 kg CO2e. Notably, Gold Royalty did not report any Scope 1 emissions. The company is actively pursuing net zero pathways for both Scope 1 and Scope 2 emissions, aligning with the City of Vancouver’s net zero mandate. These initiatives are set to be developed between 2023 and 2025, demonstrating a commitment to reducing their carbon footprint in the near term. Gold Royalty's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from their own operations. The company is focused on enhancing its sustainability practices and reducing its overall greenhouse gas emissions in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 1,430 |
| Scope 3 | 2,487,630 |
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
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 Royalty 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.
