ROYAL CANADIAN MINT Sustainability Profile
The Royal Canadian Mint, headquartered in Ottawa, Canada, is a renowned institution in the numismatic industry, established in 1908. As a leader in coin production and precious metal refining, the Mint operates major facilities in Winnipeg and Ottawa, serving both domestic and international markets. Specialising in the creation of high-quality coins, bullion products, and collector items, the Royal Canadian Mint is distinguished by its innovative designs and commitment to craftsmanship. Notable achievements include the introduction of the world’s first coloured coin and the production of the iconic Canadian Maple Leaf bullion coin. With a strong market position, the Mint continues to be a trusted source for collectors and investors alike, reflecting Canada’s rich heritage and commitment to excellence in minting.
DitchCarbon Score
How does ROYAL CANADIAN 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 Aluminum Production 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 CANADIAN MINT's score of 27 is higher than 58% 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 CANADIAN MINT's reported carbon emissions
In 2024, the Royal Canadian Mint reported total carbon emissions of approximately 5,548,000 kg CO2e for Scope 1 and 479,000 kg CO2e for Scope 2, resulting in a combined total of about 6,027,000 kg CO2e globally. In Canada, their Scope 1 and 2 emissions totalled approximately 4,800,000 kg CO2e. For the previous year, 2023, the Mint's emissions were approximately 6,119,000 kg CO2e, with Scope 1 emissions at about 6,085,000 kg CO2e, Scope 2 at 386,000 kg CO2e, and Scope 3 emissions, primarily from business travel, at 529,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. The Royal Canadian Mint has set ambitious climate commitments, aiming to reduce its direct GHG emissions (Scope 1 and 2) by 42% by 2030 and by 95% by 2050, using 2023 as the baseline year. Additionally, they plan to reduce Scope 3 emissions from purchased goods and services by 95% by 2050 from the same baseline. These commitments reflect the Mint's dedication to sustainability and its proactive approach to addressing climate change, aligning with industry standards for greenhouse gas reduction.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 6,283,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 318,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | - |
How Carbon Intensive is ROYAL CANADIAN MINT's Industry?
How Carbon Intensive is ROYAL CANADIAN MINT's Location?
ROYAL CANADIAN MINT's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
ROYAL CANADIAN MINT's Climate Goals (2030 & 2050)
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.
ROYAL CANADIAN MINT 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.
