Ditchcarbon
  • Customers
  1. Organizations
  2. Novagold Resources
Public Profile
Salt and Mineral Mining
US
updated 10 days ago

Novagold Resources

Company website

Novagold Resources Inc., a prominent player in the mining industry, is headquartered in the United States, with significant operations in Alaska and British Columbia. Founded in 1984, the company has established itself as a leader in gold exploration and development, focusing primarily on its flagship Donlin Gold project, which is one of the largest undeveloped gold deposits in the world. Novagold is dedicated to sustainable mining practices, emphasising environmental stewardship and community engagement. The company’s unique approach combines advanced exploration techniques with a commitment to responsible resource management, setting it apart in the competitive mining sector. With a strong market position and notable achievements, including strategic partnerships and significant resource discoveries, Novagold continues to drive innovation and growth in the gold mining landscape.

DitchCarbon Score

How does Novagold Resources'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.

27

Industry Average

Mean score of companies in the Salt and Mineral 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.

22

Industry Benchmark

Novagold Resources's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

Let us know if this data was useful to you

Novagold Resources's reported carbon emissions

In 2023, Novagold Resources reported total carbon emissions of approximately 1,255,000 kg CO2e, comprising about 1,235,000 kg CO2e from Scope 1 emissions and around 220,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where emissions were approximately 2,633,000 kg CO2e, with Scope 1 emissions at about 2,633,000 kg CO2e and Scope 2 emissions at approximately 34,000 kg CO2e. The data indicates a proactive approach to managing carbon footprints, particularly in reducing Scope 1 emissions. Despite the absence of Scope 3 emissions data, Novagold has not outlined specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or formal reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, Novagold Resources demonstrates a commitment to reducing its carbon emissions, with a notable decrease in emissions from 2022 to 2023, reflecting ongoing efforts to enhance environmental performance within the mining industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
1,100,000
0,000,000
0,000,000
Scope 2
-
00,000
000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novagold Resources's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Novagold Resources is in US, which has a low grid carbon intensity relative to other regions.

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.

Novagold Resources 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Centamin

JE
•
Precious metal ores and concentrates
Updated 10 days ago

Golden Star Resources

GH
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 10 days ago

Centerra Gold

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 2 days ago

China Gold International Resources

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 14 days ago

BARRICK TZ LIMITED

GB
•
Precious metals
Updated about 2 hours ago

Pretium Resources Inc.

CA
•
Precious metals
Updated 14 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250808.9
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy