New Gold Inc., a prominent player in the mining industry, is headquartered in Canada and operates primarily in North America. Founded in 1980, the company has established itself as a leader in the production of gold and copper, with significant operations in British Columbia and Ontario. Specialising in the development and operation of mineral properties, New Gold is known for its flagship assets, including the Rainy River and New Afton mines. These projects are distinguished by their commitment to sustainable practices and innovative extraction techniques. With a strong market position, New Gold has achieved notable milestones, including successful expansions and a focus on responsible mining. The company continues to enhance its reputation through strategic partnerships and a dedication to environmental stewardship, making it a key player in the global mining sector.
How does New Gold'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 Mining 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 Gold's score of 28 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, New Gold reported total carbon emissions of approximately 124,199,000 kg CO2e for Scope 1 and 19,235,000 kg CO2e for Scope 2, resulting in a combined total of about 143,435,000 kg CO2e. This marks a decrease from 2023, where emissions were approximately 140,464,000 kg CO2e for Scope 1 and 15,224,000 kg CO2e for Scope 2, leading to a total of about 155,687,000 kg CO2e. New Gold has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 30% by 2030, using 2020 as the baseline year. This initiative focuses on enhancing electrification and implementing energy-reduction strategies. The company is currently on track to meet its two-year and five-year targets for these reductions. Overall, New Gold's commitment to sustainability is evident through its significant reduction targets and ongoing efforts to lower greenhouse gas emissions, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 19,698,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 2,490,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - |
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 Gold 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.