The Royal Canadian Mint, commonly referred to as the RCM, is a renowned institution headquartered in Ottawa, Canada. Established in 1908, it has a long-standing history of producing high-quality coins and aluminium products, serving both domestic and international markets. The Mint’s core operations encompass coinage, precious metal refining, and the manufacturing of aluminium-based products, making it a key player in Canada's aluminium industry.
Known for its innovation and craftsmanship, the Royal Canadian Mint has earned a global reputation for producing secure, collectible coins and specialised aluminium items. Its strategic location and extensive experience position it as a leader in the industry, with notable achievements in security features and product quality. The Mint continues to uphold its tradition of excellence, contributing significantly to Canada's aluminium and coinage sectors.
+19 vs industry average
ROYAL CANADIAN MINT’s score of 37 is higher than 65% 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
Aluminum Production is among the most carbon-intensive industries
Industry performance
The Aluminum Production industry has reduced its overall emissions by 22% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
ROYAL CANADIAN MINT's reported carbon emissions
The Royal Canadian Mint (CA), operating within the Aluminium and aluminium products industry, is committed to reducing its greenhouse gas (GHG) emissions.
Emissions Overview:
- 2024: The organisation reported total emissions of approximately 122.1 billion kg CO2e. This comprised Scope 1 emissions of about 5.5 million kg CO2e, Scope 2 emissions of approximately 401,000 kg CO2e, and significant Scope 3 emissions from purchased goods and services amounting to about 1.2 billion kg CO2e.
- 2025: For 2025, the Royal Canadian Mint reported Scope 1 emissions of about 6.0 million kg CO2e and Scope 2 emissions of around 394,000 kg CO2e. Scope 3 data for this year was not specified.
- 2023: In 2023, Scope 1 emissions were approximately 6.0 million kg CO2e, with Scope 2 emissions at about 383,000 kg CO2e. Scope 3 data was not disclosed for this year.
- 2022: Scope 1 emissions for 2022 were approximately 6.1 million kg CO2e, and Scope 2 emissions were about 373,000 kg CO2e. Scope 3 data was not reported.
- 2021: The Mint recorded Scope 1 and 2 emissions totalling approximately 6.1 million kg CO2e in 2021. Scope 3 was not disclosed.
- 2020: In 2020, Scope 1 and 2 emissions amounted to approximately 6.6 million kg CO2e. Scope 3 was not disclosed.
- 2019: Total Scope 1 and 2 emissions for 2019 were approximately 6.7 million kg CO2e. Scope 3 was not disclosed.
- 2018: The organisation reported Scope 1 and 2 emissions of approximately 7.1 million kg CO2e in 2018. Scope 3 was not disclosed.
Climate Commitments and Targets:
The Royal Canadian Mint has set ambitious reduction targets:
- Scope 1 and 2 Emissions: A commitment to reduce direct GHG emissions by 42% by 2030 and achieve a 95% reduction by 2050, both from a 2023 baseline.
- Scope 3 Emissions: A commitment to reduce Scope 3 emissions specifically from purchased goods and services by 95% by 2050, also based on a 2023 baseline.
The organisation is marked as "Committed" for its net-zero target. While specific interim targets are detailed, information regarding its on-track status for five-year targets is not available.
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ROYAL CANADIAN MINT’s Climate Goals (2030 & 2050)
1 goal2030
42% reduction in all scopes
In relation to our Scope 1 and 2 GHG emissions, we are committed to reducing our direct GHG emissions by 42% by 2030 and by 95% by 2050 from…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
ROYAL CANADIAN MINT
Frequently asked questions
Common questions about ROYAL CANADIAN MINT’s sustainability data and climate commitments
Data year: 2024
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