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New Gold Inc., commonly referred to as New Gold, is a prominent player in the precious metal ores and concentrates industry, headquartered in Canada. Founded in 1980, the company has established a strong presence in key operational regions, including British Columbia and Ontario, focusing on the exploration, development, and production of gold and copper.
New Gold's core offerings include high-quality gold and copper concentrates, distinguished by their sustainable mining practices and commitment to environmental stewardship. The company has achieved notable milestones, including the successful operation of its Rainy River and New Afton mines, which contribute significantly to its market position. With a dedication to innovation and responsible mining, New Gold continues to solidify its reputation as a leader in the precious metals sector.
19
DitchCarbon score
-3 vs industry average
New Gold’s score of 19 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Precious Metal Mining has above-average carbon intensity
Industry performance
0.443
20182025
The Precious Metal Mining industry has reduced its overall emissions by 41% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
New Gold's reported carbon emissions
New Gold, a Canadian precious metal ores and concentrates company, reported its most recent emissions for 2024. The company's Scope 1 emissions were approximately 124,199,000 kg CO2e, and Scope 2 emissions were around 19,235,000 kg CO2e. This follows 2023, where Scope 1 emissions were about 140,464,000 kg CO2e and Scope 2 emissions were around 15,224,000 kg CO2e. The company has not disclosed Scope 3 emissions data.
New Gold is committed to reducing its Scope 1 and 2 GHG emissions by 30% by 2030, using a 2020 baseline. This commitment is supported by greater electrification and energy-reduction strategies. In 2020, baseline Scope 1 emissions were approximately 157,942,000 kg CO2e, and Scope 2 emissions were around 10,334,000 kg CO2e.
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New Gold’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
New Gold7 days ago
19
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