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.
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 33 is higher than 97% 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 2022, OceanaGold reported total carbon emissions of approximately 376,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in carbon emissions per ounce of gold produced by 2030, using 2019 performance levels as a baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting a commitment to improving operational efficiency and reducing environmental impact. In 2021, OceanaGold's emissions were broken down into Scope 1 and Scope 2, with Scope 1 emissions at about 177,515,000 kg CO2e and Scope 2 emissions at approximately 55,358,000 kg CO2e. The company has consistently reported its emissions data, demonstrating transparency in its environmental impact. OceanaGold's commitment to sustainability is evident in its strategic initiatives aimed at reducing emissions intensity, which is crucial for aligning with industry standards and addressing climate change challenges. The company's headquarters is located in New Zealand, where it continues to focus on responsible mining practices and environmental stewardship.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 142,587,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 100,711,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions 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 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.
