Royal Mint
The Royal Mint, officially known as The Royal Mint Limited, is a prestigious institution headquartered in Llantrisant, Wales, GB. Established in 886 AD, it has evolved into a leading manufacturer of coins, medals, and other numismatic products, serving both the UK and international markets. Renowned for its high-quality craftsmanship, The Royal Mint produces circulating coins for the UK and commemorative coins that celebrate significant events and figures. Its innovative approach to coin design and production has positioned it as a market leader in the numismatic industry. With a rich history spanning over a millennium, The Royal Mint has achieved notable milestones, including the introduction of cutting-edge technology in coin production. Its commitment to excellence and heritage makes it a unique entity in the world of currency and collectibles.
DitchCarbon Score
How does Royal 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 Retail Trade Services 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 Mint's score of 61 is higher than 97% 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 Mint's reported carbon emissions
In 2023, The Royal Mint reported total carbon emissions of approximately 6,085,000 kg CO2e for Scope 1, 386,000 kg CO2e for Scope 2, and 683,000 kg CO2e for Scope 3 emissions, which includes 529,000 kg CO2e from business travel and 154,000 kg CO2e from waste generated in operations. This reflects a slight decrease in Scope 1 emissions from 6,091,000 kg CO2e in 2022, while Scope 2 emissions increased from 373,000 kg CO2e. The Royal Mint has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050, using 2022 as the base year. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 and a 25% reduction in Scope 3 emissions within the same timeframe. Long-term goals are even more aggressive, with a target of 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments align with the Science Based Targets initiative (SBTi) and reflect the Royal Mint's dedication to sustainable practices and reducing its environmental impact.
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| 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,000 | 0,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 873,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 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 Mint is participating in some 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.
