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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.
28
DitchCarbon score
+11 vs industry average
OceanaGold’s score of 28 is higher than 55% 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
Very High
Metal Fabrication is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Metal Fabrication industry has reduced its overall emissions by 40% since 2018
Emissions trajectory 2020 – 2027
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 in the fabricated metal products sector, has set several climate commitments.
In 2024, OceanaGold's reported Scope 1 emissions were 184,000,000 kg CO2e, and Scope 2 market-based emissions were 115,000,000 kg CO2e. For 2023, Scope 1 emissions were 190,000,000 kg CO2e, and Scope 2 market-based emissions were 122,000,000 kg CO2e.
OceanaGold aims for near-zero Scope 1 and Scope 2 emissions by the middle of this decade (2023-2025). The company also has an interim climate change target to reduce both Scope 1 and Scope 2 emissions by 30% from 2020 levels by 2030. This also translates to a 30% reduction in carbon emissions per ounce of gold produced by 2030, based on 2019 levels. Looking further ahead, OceanaGold has a long-term goal to achieve net-zero operational (Scope 1 and 2) Greenhouse Gas (GHG) emissions by 2050.
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OceanaGold’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2026 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
OceanaGold6 months ago
28
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