OceanaGold Sustainability Profile
OceanaGold Corporation, commonly referred to as OceanaGold, is a prominent mining company headquartered in New Zealand. Established in 1989, the company has developed a strong presence in the gold and copper mining industry, with major operations in New Zealand, the Philippines, and the United States. OceanaGold is renowned for its commitment to sustainable mining practices and responsible resource management, producing high-quality gold and copper products. The company has achieved significant milestones, including the successful development of the Macraes and Waihi operations in New Zealand, which are recognised for their operational excellence. With a focus on innovation and environmental stewardship, OceanaGold has positioned itself as a leader in the mining sector, earning accolades for its contributions to local communities and the economy.
DitchCarbon Score
How does OceanaGold'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 Metal Fabrication 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
OceanaGold's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OceanaGold's reported carbon emissions
In 2024, OceanaGold reported total carbon emissions of approximately 300 million kg CO2e, comprising 184 million kg CO2e from Scope 1 and 115 million kg CO2e from Scope 2 emissions (market-based). In 2023, the company recorded total emissions of about 312 million kg CO2e, with Scope 1 emissions at 190 million kg CO2e and Scope 2 emissions at 122 million kg CO2e (market-based). OceanaGold has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company targets a 30% reduction in Scope 1 emissions from 2020 levels by 2030, as well as a similar 30% reduction in Scope 2 emissions from 2020 levels by 2030. Furthermore, OceanaGold has established a long-term goal to achieve net zero operational (Scope 1 and 2) greenhouse gas emissions by 2050. The emissions data and climate commitments reflect OceanaGold's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and expectations for sustainability.
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| 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 212,186,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 35,885,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | - | - | - | - | - | - |
How Carbon Intensive is OceanaGold's Industry?
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OceanaGold's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
OceanaGold has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
