Public Profile

OceanaGold

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.

13

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.

11

Industry Benchmark

OceanaGold's score of 13 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

OceanaGold's reported carbon emissions

OceanaGold, headquartered in New Zealand, reported its carbon emissions data for the years leading up to 2022. In 2020, the company emitted approximately 150,547,000 kg CO2e from Scope 1 emissions and about 95,191,000 kg CO2e from Scope 2 emissions, with an additional 99,111,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. In 2021, emissions from Scope 1 were around 177,132,000 kg CO2e and Scope 2 emissions were about 56,359,000 kg CO2e. By 2022, total emissions were reported at approximately 376,000 kg CO2e, although specific scope breakdowns were not disclosed. Despite these figures, OceanaGold has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the mining sector, which is under increasing scrutiny for its environmental impact, particularly regarding carbon emissions. As such, OceanaGold's future climate commitments and strategies will be crucial in addressing industry standards and stakeholder expectations.

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Add to project
2015201620172018201920202021
Scope 1
169,945,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
36,361,000
00,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
00,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OceanaGold's primary industry is Fabricated metal products, except machinery and equipment (28), which is medium 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. OceanaGold is headquartered in NZ, which has a rank of very low, indicating very low grid carbon 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.

OceanaGold is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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