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Metal Fabrication
NZ
updated a month ago

OceanaGold

Company website

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.

49

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.

20

Industry Benchmark

OceanaGold's score of 49 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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OceanaGold's reported carbon emissions

In 2024, OceanaGold reported total carbon emissions of approximately 184,000,000 kg CO2e for Scope 1 and about 115,000,000 kg CO2e for Scope 2 (market-based), resulting in a combined total of around 300,000,000 kg CO2e for both scopes. In 2023, the company’s emissions were slightly higher, with Scope 1 at about 190,000,000 kg CO2e and Scope 2 (market-based) at approximately 122,000,000 kg CO2e, leading to a total of around 312,000,000 kg CO2e. 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 for Scope 2 emissions over the same timeframe. Furthermore, OceanaGold has established a long-term goal to achieve net zero operational greenhouse gas emissions (Scope 1 and 2) by 2050. The company’s emissions data is sourced directly from OceanaGold Corporation, with no cascaded data from parent or related organizations. This commitment to reducing carbon emissions aligns with industry standards and reflects a proactive approach to climate change mitigation.

Unlock detailed emissions data

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

20132014201520162018201920202021202220232024
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
-
-
-
-
-
-

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 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 OceanaGold is in NZ, which has a very 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.

OceanaGold 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

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