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 11 is lower 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 2023, the Royal Canadian Mint reported total carbon emissions of approximately 6,485,000 kg CO2e, comprising 6,085,000 kg CO2e from Scope 1 emissions and 386,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, when total emissions were about 6,464,000 kg CO2e, with Scope 1 emissions at 6,091,000 kg CO2e and Scope 2 emissions at 373,000 kg CO2e. Over the past three years, the Mint has shown a commitment to reducing its carbon footprint, with emissions in 2021 recorded at approximately 6,119,000 kg CO2e and in 2020 at about 6,601,000 kg CO2e. Despite these reductions, the Royal Canadian Mint has not set specific science-based targets for emissions reduction, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The Mint's emissions data is not cascaded from any parent organization, indicating that it operates independently in its climate reporting. The Royal Canadian Mint continues to focus on its climate commitments, although specific reduction initiatives or pledges have not been disclosed. As the Mint progresses, it remains essential for the organisation to establish clear targets to further enhance its sustainability efforts and contribute to global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,283,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 318,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is ROYAL CANADIAN MINT's Industry?
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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.
