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Public Profile
Metal Fabrication
NZ
updated 2 months ago

OceanaGold Sustainability Profile

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.

51

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.

22

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.

73%

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OceanaGold's reported carbon emissions

In 2024, OceanaGold, headquartered in New Zealand, reported total carbon emissions of approximately 300 million kg CO2e. This figure includes 184 million kg CO2e from Scope 1 emissions and 115 million kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, OceanaGold targets a 30% reduction in Scope 1 emissions from 2020 levels by 2030, alongside a similar 30% reduction for Scope 2 emissions. In previous years, OceanaGold's emissions were as follows: in 2023, total emissions were approximately 312 million kg CO2e, with Scope 1 at 190 million kg CO2e and Scope 2 at 122 million kg CO2e. In 2022, total emissions reached about 316 million kg CO2e, comprising 196 million kg CO2e from Scope 1 and 120 million kg CO2e from Scope 2. OceanaGold's long-term goal is to achieve net zero operational greenhouse gas emissions (Scope 1 and 2) by 2050. The company’s climate initiatives reflect a commitment to sustainability and reducing its environmental impact in the mining sector.

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
-
-
-
-
-
-

How Carbon Intensive is OceanaGold's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OceanaGold's primary industry is Metal Fabrication, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is OceanaGold's Location?

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare OceanaGold's Emissions with Industry Peers

B2gold

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 20 days ago

New Gold

CA
•
Precious metal ores and concentrates
Updated 7 days ago

Barrick Gold

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 15 days ago

Wheaton Precious Metals

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated about 23 hours ago

Equinox Gold

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 21 days ago

Anglogold Ashanti

ZA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated about 23 hours ago

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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

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