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 300,000,000 kg CO2e (Scope 1: 184,000,000 kg CO2e; Scope 2: 115,000,000 kg CO2e, market-based). This marked a slight decrease from 2023, where total emissions were about 312,000,000 kg CO2e (Scope 1: 190,000,000 kg CO2e; Scope 2: 122,000,000 kg CO2e, market-based). Over the past few years, the company has demonstrated a commitment to reducing its carbon footprint, with specific targets set for both Scope 1 and Scope 2 emissions. OceanaGold aims to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. Additionally, the company has set a target to reduce Scope 1 emissions by 30% from 2020 levels by 2030. For Scope 2, a similar 30% reduction target from 2020 levels is also in place for 2030. Furthermore, the company has a long-term goal of reaching net-zero operational greenhouse gas emissions (Scope 1 and 2) by 2050. The emissions data is sourced directly from OceanaGold Corporation, with no cascaded data from parent or related organizations. The company continues to focus on sustainability initiatives to align with industry standards and climate commitments.
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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 | - | - | - | - | - | - |
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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.
