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 14 is lower than 55% 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 Gold's reported carbon emissions
In 2024, New Gold reported total greenhouse gas 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 reduction from 2023, where emissions totalled about 155,687,000 kg CO2e, with Scope 1 emissions at 140,464,000 kg CO2e and Scope 2 at 15,224,000 kg CO2e. New Gold has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 30% by 2030, using a 2020 baseline. This commitment, announced in 2021, is part of their strategy to enhance electrification and implement energy-reduction measures. The company is currently on track to meet these targets, as indicated in their latest sustainability report. The company does not currently disclose Scope 3 emissions, which are often significant in the mining industry. New Gold's emissions data is sourced directly from New Gold Inc., with no cascading from a parent organization.
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| 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.
