Public Profile

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.

8

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.

1

Industry Benchmark

New Found Gold Corp.'s score of 8 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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 of now, 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 set measurable targets to address their environmental impact. Without specific emissions data or commitments, it remains unclear how New Found Gold Corp. plans to engage with climate action moving forward.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. New Found Gold Corp.'s primary industry is Precious metals, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. New Found Gold Corp. is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers