This profile hasn't yet passed our validation checks
Submit your email to push it up the queue
New Gold
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
New Gold's score of 23 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
New Gold's reported carbon emissions
In 2024, New Gold reported total carbon emissions of approximately 143,435,000 kg CO2e, comprising 124,199,000 kg CO2e from Scope 1 and 19,235,000 kg CO2e from Scope 2. This marks a decrease from 2023, where emissions totalled about 155,687,000 kg CO2e, with Scope 1 at 140,464,000 kg CO2e and Scope 2 at 15,224,000 kg CO2e. The company has set an ambitious target to reduce its Scope 1 and 2 emissions by 30% by 2030, using 2020 as the baseline year. This commitment is part of a broader strategy that includes enhancing electrification and implementing energy-reduction initiatives. Over the past few years, New Gold's emissions have shown fluctuations, with 2022 emissions recorded at approximately 162,305,000 kg CO2e, and 2021 at about 170,305,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. New Gold's GHG intensity has also been reported, with values of 340.0 kg CO2e per ounce in 2024, 370.0 kg CO2e per ounce in 2023, and 470.0 kg CO2e per ounce in 2022, reflecting ongoing efforts to improve efficiency and reduce emissions intensity. Overall, New Gold's climate commitments and reduction targets demonstrate a proactive approach to addressing climate change and reducing its carbon footprint in the mining industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 163,709,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 7,686,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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 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.
