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.
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.
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.
Royal Gold's score of 10 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This marked a reduction from 2021, where emissions totalled about 218,000,000 kg CO2e, with Scope 1 emissions at approximately 181,167,000 kg CO2e and Scope 2 at about 36,494,000 kg CO2e. Despite these figures, Royal Gold has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not reported emissions data for Scope 3, which typically includes indirect emissions from the value chain. Royal Gold's emissions data is not cascaded from any parent company, indicating that the reported figures are solely from its own operations. The company continues to focus on transparency in its climate reporting, as evidenced by its detailed disclosures in sustainability reports.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| 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 | - | - | - | - | - |
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.
