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OrganisationsOceanaGold
OceanaGold logo

OceanaGold

Metal FabricationNew Zealand
Last verified 4 months agooceanagold.com

OceanaGold Corporation, a prominent player in the fabricated metal products industry, is headquartered in New Zealand. Established in 1989, the company has made significant strides in the mining sector, particularly in gold production, with major operations in New Zealand, the Philippines, and the United States.

Specialising in the extraction and processing of gold and copper, OceanaGold is recognised for its commitment to sustainable mining practices and innovative technologies. The company’s flagship assets, including the Macraes and Waihi operations, underscore its market position as a leading gold producer in the Asia-Pacific region.

With a focus on responsible resource management and community engagement, OceanaGold continues to achieve notable milestones, reinforcing its reputation as a trusted name in the mining industry.

32
DitchCarbon score

+13 vs industry average

OceanaGold’s score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Metal Fabrication has above-average carbon intensity

Industry performance

0.234
20192025

The Metal Fabrication industry has reduced its overall emissions by 26% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

OceanaGold's reported carbon emissions

OceanaGold, headquartered in NZ and operating within the fabricated metal products sector, has reported its carbon emissions data. For 2024, the company's Scope 1 emissions were approximately 184,000,000 kg CO2e, and Scope 2 emissions were approximately 115,000,000 kg CO2e (market-based). In 2023, Scope 1 emissions stood at approximately 190,000,000 kg CO2e and Scope 2 emissions at approximately 122,000,000 kg CO2e (market-based). The company has set several climate commitments. A long-term goal is to achieve net-zero operational (Scope 1 and 2) greenhouse gas emissions by 2050. In the near term, OceanaGold aims to reduce Scope 1 and Scope 2 emissions to near zero by the middle of this decade (by 2025). Additionally, there are specific reduction targets to decrease Scope 1 emissions by 30% from 2020 levels by 2030, and Scope 2 emissions by 30% from 2020 levels by 2030. An interim climate change target was also approved in February 2022 to reduce carbon emissions per ounce of gold produced by 30% by 2030, based on 2019 levels, for both Scope 1 and Scope 2 emissions. OceanaGold does not currently report Scope 3 emissions data, with missing data points noted for purchased goods and services. The company's emissions data is not cascaded from a parent organisation.

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OceanaGold’s Climate Goals (2030 & 2050)

8 goals

2030

30% reduction in Scope 1

We aim to reduce our Scope 1 emissions by 30% from 2020 levels by 2030.

Behind target30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
OceanaGold logoOceanaGold
NZMetal Fabrication
4 months ago
32
Centerra Gold logoCenterra Gold
CASalt and Mineral Mining
21 days ago
74
View
Regis Resources logoRegis Resources
AUOther Services
22 days ago
44
View
Eldorado Gold logoEldorado Gold
CAPrecious Metal Mining
22 days ago
42
View
L
Lihir Gold Limited
PGPrecious Metal Production
22 days ago
36
View
Enav logoEnav
ITBusiness Services
5 days ago
34
View
B2gold logoB2gold
CASalt and Mineral Mining
1 day ago
33
View

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