New Found Gold Corp.
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.
DitchCarbon Score
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.
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
New Found Gold Corp.'s score of 8 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Found Gold Corp.'s reported carbon emissions
New Found Gold Corp., headquartered in Canada, currently does not have any publicly available carbon emissions data or specific reduction targets. As such, there are no reported figures for their Scope 1, 2, or 3 emissions. The company has not outlined any formal climate commitments or initiatives aimed at reducing carbon emissions. In the context of the mining industry, it is increasingly important for companies to establish clear climate strategies and reduction goals to align with global sustainability efforts. Without specific data or commitments, it remains unclear how New Found Gold Corp. plans to address its carbon footprint and contribute to climate action.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
