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 22 is higher than 90% 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 Gold's reported carbon emissions
In 2022, Royal Gold reported total greenhouse gas emissions of approximately 195,843,000 kg CO2e, comprising 156,767,000 kg CO2e from Scope 1 emissions and 39,076,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2021, where total emissions were about 217,660,000 kg CO2e, indicating a positive trend in their emissions management. Royal Gold has set ambitious climate commitments, aiming for a transition to a net-zero economy by 2050. This long-term goal encompasses both Scope 1 and Scope 2 emissions, with immediate action required to achieve this target. The company emphasises the need for coordinated global efforts from governments, businesses, and civil society to facilitate this transition. The company's emissions intensity for Scope 1 and 2 combined was reported at 740.0 kg CO2e per tonne in 2022, reflecting ongoing efforts to improve operational efficiency and reduce carbon footprints. As of now, Royal Gold has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Overall, Royal Gold's commitment to reducing its carbon emissions aligns with industry standards and reflects a proactive approach to climate change mitigation.
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| 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 | - | - | - | - | - |
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 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.
