New Found Gold Corp. Sustainability Profile
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 16 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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New Found Gold Corp.'s reported carbon emissions
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 data suggests that New Found Gold Corp. may still be in the early stages of developing its climate commitments or reporting frameworks. As the mining industry increasingly faces scrutiny regarding environmental impacts, it is essential for companies like New Found Gold Corp. to establish clear climate strategies and emissions reduction targets. Without specific emissions data or commitments, the company may miss opportunities to enhance its sustainability profile and align with industry standards.
How Carbon Intensive is New Found Gold Corp.'s Industry?
How Carbon Intensive is New Found Gold Corp.'s Location?
New Found Gold Corp.'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.
New Found Gold Corp. 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.
