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Public Profile
Precious Metal Production
US
updated 6 days ago

Royal Gold

Company website

Royal Gold, Inc., a prominent player in the precious metals industry, is headquartered in the United States, with significant operations across North America and internationally. Founded in 1981, the company has established itself as a leading gold-focused royalty and streaming firm, providing investors with exposure to gold and other precious metals without the operational risks associated with traditional mining. Royal Gold's unique business model involves acquiring and managing royalties and streams on mining properties, allowing it to generate revenue while minimising capital expenditures. The company has achieved notable milestones, including a diverse portfolio of high-quality assets and a strong market position, making it a trusted name among investors seeking stability in the volatile commodities market. With a commitment to sustainable practices, Royal Gold continues to set itself apart in the competitive landscape of the mining sector.

DitchCarbon Score

How does Royal Gold'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.

19

Industry Average

Mean score of companies in the Precious Metal 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.

13

Industry Benchmark

Royal Gold's score of 19 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Royal Gold's reported carbon emissions

In 2022, Royal Gold, headquartered in the US, reported total greenhouse gas emissions of approximately 196,000,000 kg CO2e, comprising about 156,767,000 kg CO2e from Scope 1 and about 39,076,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2021, where total emissions were about 218,000,000 kg CO2e, with Scope 1 emissions at approximately 181,167,000 kg CO2e and Scope 2 emissions at about 36,494,000 kg CO2e. Over the past few years, Royal Gold has demonstrated a commitment to reducing its carbon footprint, with emissions intensity decreasing from about 850 kg CO2e per unit of revenue in 2019 to approximately 740 kg CO2e per unit of revenue in 2022. However, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Royal Gold does not currently disclose Scope 3 emissions, which encompass indirect emissions in the value chain. The absence of such data indicates a potential area for future improvement in their climate strategy. Overall, while Royal Gold has made strides in emissions reduction, further commitments and transparency regarding their climate initiatives could enhance their sustainability profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20182019202020212022
Scope 1
151,552,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
58,031,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Royal Gold's primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Royal Gold is in US, which has a low grid carbon intensity relative to other regions.

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 Gold 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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