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 49 is higher than 76% 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 2024, OceanaGold reported total carbon emissions of approximately 184,000,000 kg CO2e for Scope 1 and about 115,000,000 kg CO2e for Scope 2, resulting in a combined total of around 300,000,000 kg CO2e (market-based). This marks a slight decrease from 2023, where emissions were approximately 190,000,000 kg CO2e for Scope 1 and about 122,000,000 kg CO2e for Scope 2, totalling around 312,000,000 kg CO2e (market-based). OceanaGold has set ambitious climate commitments, aiming for near-zero emissions for both Scope 1 and Scope 2 by 2025. Additionally, they plan to reduce Scope 1 emissions by 30% from 2020 levels by 2030 and similarly target a 30% reduction in Scope 2 emissions from 2020 levels by 2030. Their long-term goal is to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) by 2050. The company has also established an interim target to reduce carbon emissions per ounce of gold produced by 30% by 2030, based on 2019 levels. These commitments reflect OceanaGold's proactive approach to addressing climate change and reducing its carbon footprint in the mining industry.
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| 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - |
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.
