Royal Gold
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.
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.
Industry Benchmark
Royal Gold's score of 9 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Royal Gold's reported carbon emissions
In 2022, Royal Gold reported total carbon emissions of approximately 195,843,000 kg CO2e, with Scope 1 emissions accounting for about 196,000,000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled approximately 155,000 kg CO2e, primarily from business travel (406,000 kg CO2e), employee commute (310,000 kg CO2e), and purchased goods and services (68,000 kg CO2e). Over the years, Royal Gold's emissions have shown fluctuations, with Scope 1 emissions peaking at about 227,000,000 kg CO2e in 2019. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Royal Gold's emissions intensity has varied, with a reported intensity of 740.0 kg CO2e per unit of revenue in 2022. The absence of significant reduction targets suggests that while the company is aware of its emissions profile, it may need to enhance its climate strategy to align with industry standards and expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 210,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | 000,000 |
Industry emissions intensity
Location emissions intensity
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 committed to any reduction initiatives 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.
