New Found Gold Corp., a prominent player in the gold exploration sector, is headquartered in Canada. Founded in 2020, the company has quickly established itself in the mineral exploration industry, focusing primarily on high-grade gold projects in Newfoundland and Labrador. New Found Gold's flagship asset, the Queensway Project, is notable for its significant gold discoveries, positioning the company as a key contender in the North American gold market. With a commitment to innovative exploration techniques and a strong emphasis on sustainability, New Found Gold Corp. aims to unlock the full potential of its mineral assets. The company’s strategic approach and rapid advancements have garnered attention, making it a noteworthy entity in the competitive landscape of gold exploration.
How does New Found Gold Corp.'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.
New Found Gold Corp.'s score of 13 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Found Gold Corp., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and commitments suggests that New Found Gold Corp. may still be in the early stages of developing a comprehensive climate strategy. As the mining industry increasingly prioritises sustainability, it will be essential for New Found Gold Corp. to establish clear climate commitments and reduction initiatives to align with industry standards and stakeholder expectations.
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.
New Found Gold Corp. 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.