Osisko Gold Royalties Ltd., a prominent player in the mining sector, is headquartered in Canada and primarily operates in North America. Founded in 2014, the company has quickly established itself as a leader in the gold royalty and streaming industry, focusing on acquiring and managing precious metal royalties and streams. Osisko's unique business model allows it to provide financing to mining companies while benefiting from the upside of gold production without the associated operational risks. With a diverse portfolio of over 50 royalties and streams, the company has achieved significant milestones, including strategic partnerships and investments in key mining projects. Recognised for its strong market position, Osisko Gold Royalties continues to expand its influence in the industry, making it a noteworthy entity for investors seeking exposure to gold and precious metals.
How does Osisko Gold Royalties Ltd'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.
Mean score of companies in the Salt and Mineral Mining 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.
Osisko Gold Royalties Ltd's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Osisko Gold Royalties Ltd reported total carbon emissions of approximately 443,000 kg CO2e. This figure includes 63,000 kg CO2e from Scope 2 emissions and a significant 380,000 kg CO2e from Scope 3 emissions, primarily driven by business travel (361,000 kg CO2e) and employee commuting (19,000 kg CO2e). Notably, Scope 1 emissions were recorded at zero. In 2023, the company’s total emissions were about 39,719,000 kg CO2e, with Scope 2 emissions at 37,000 kg CO2e and Scope 3 emissions at approximately 39,694,000 kg CO2e, which included substantial investments contributing 39,429,000 kg CO2e. The previous year, 2022, saw total emissions of around 29,691,000 kg CO2e, with similar patterns in Scope 2 and Scope 3 emissions. Despite these figures, Osisko Gold Royalties Ltd has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Osisko Gold Royalties Ltd. Overall, while the company has made strides in transparency regarding its emissions, it currently lacks defined climate commitments or reduction strategies.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 36,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 29,742,000 | 00,000,000 | 00,000,000 | 000,000 |
Osisko Gold Royalties Ltd's Scope 3 emissions, which decreased by 99% last year and decreased by approximately 99% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 95% of Scope 3 emissions.
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.
Osisko Gold Royalties Ltd 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.
