Royal Australian Mint
The Royal Australian Mint (RAM), headquartered in Canberra, Australia, is a leading institution in the numismatic industry, renowned for producing Australia's circulating coins and a diverse range of collector coins. Established in 1965, the Mint has achieved significant milestones, including the introduction of innovative coin designs and the use of advanced minting technologies. RAM's core offerings include circulating coins, commemorative coins, and bullion products, each distinguished by their quality and craftsmanship. The Mint plays a vital role in Australia's economy, ensuring the supply of currency while also catering to collectors and investors with unique, limited-edition releases. With a strong market position, the Royal Australian Mint is celebrated for its commitment to excellence and innovation in coin production, making it a cornerstone of Australia's financial heritage.
DitchCarbon Score
How does Royal Australian Mint'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 Public Administration 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
Royal Australian Mint's score of 30 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Royal Australian Mint's reported carbon emissions
In 2023, the Royal Australian Mint reported total carbon emissions of approximately 2,300,000 kg CO2e. This figure includes 468,000 kg CO2e from Scope 1 emissions, primarily from mobile and stationary combustion, and 1,842,000 kg CO2e from Scope 2 emissions, which are attributed to purchased electricity. Additionally, Scope 3 emissions accounted for about 17,000 kg CO2e, with minimal contributions from purchased goods and services. For the year 2024, emissions data indicates a significant reduction in Scope 1 emissions to approximately 329,100 kg CO2e, while Scope 2 emissions increased to about 6,669,100 kg CO2e. The Mint has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. Overall, the Royal Australian Mint is actively monitoring its carbon footprint across all scopes, but further details on specific reduction strategies or commitments are not available at this time.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 468,000 | 000,000 |
| Scope 2 | 1,842,000 | 0,000,000 |
| Scope 3 | 17,000 | - |
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.
Royal Australian Mint 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.
