Public Profile

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.

23

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.

2

Industry Benchmark

OceanaGold's score of 23 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

OceanaGold's reported carbon emissions

OceanaGold, headquartered in New Zealand, has reported significant carbon emissions over recent years. In 2020, the company emitted approximately 150,778,000 kg CO2e from Scope 1 and 81,032,000 kg CO2e from Scope 2 emissions, alongside 99,111,000 kg CO2e from Scope 3 emissions. This marked a notable increase in total emissions compared to previous years, with 2019 emissions at about 130,294,000 kg CO2e (Scope 1) and 117,845,000 kg CO2e (Scope 2). In 2021, OceanaGold's emissions were approximately 177,515,000 kg CO2e (Scope 1) and 55,358,000 kg CO2e (Scope 2), while in 2022, the total emissions reported were about 376,000 kg CO2e, indicating a potential shift in reporting or operational changes. Despite these figures, OceanaGold has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet it appears to be in the early stages of formalising its climate commitments.

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2015201620172018201920202021
Scope 1
169,945,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
36,361,000
00,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
00,000,000
-

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 medium 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. OceanaGold is headquartered in NZ, which has a rank of very low, indicating very low grid carbon 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 committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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