Sandspring Resources (USA) Ltd. Sustainability Profile
Sandspring Resources (USA) Ltd., a prominent player in the mining and exploration industry, is headquartered in the United States. Founded in 2011, the company has established a strong presence in key operational regions, focusing primarily on gold and mineral exploration. Sandspring is renowned for its flagship asset, the Toroparu Project, located in Guyana, which showcases the company’s commitment to sustainable mining practices and innovative resource extraction techniques. With a strategic emphasis on advancing its projects through rigorous exploration and development, Sandspring Resources has achieved significant milestones, positioning itself as a leader in the sector. The company’s unique approach to resource management and community engagement sets it apart, ensuring both environmental stewardship and economic benefits for local communities. As Sandspring continues to expand its portfolio, it remains dedicated to delivering value to its stakeholders while contributing to the growth of the mining industry.
DitchCarbon Score
How does Sandspring Resources (USA) Ltd.'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 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
Sandspring Resources (USA) Ltd.'s score of 10 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sandspring Resources (USA) Ltd. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Aris Mining Corporation, which may influence its climate commitments and emissions reporting. As a subsidiary, Sandspring Resources inherits its climate performance metrics from Aris Mining Corporation, which operates under industry-standard frameworks such as the Carbon Disclosure Project (CDP). However, specific emissions data and reduction targets from Aris Mining Corporation have not been detailed in the provided information. Sandspring Resources has not outlined any specific reduction initiatives or targets, nor have they made any climate pledges. This lack of data suggests that the company may still be in the early stages of developing its climate strategy or reporting framework. In summary, Sandspring Resources (USA) Ltd. currently lacks specific emissions data and defined climate commitments, relying on its parent company, Aris Mining Corporation, for potential guidance in sustainability practices.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,190,860 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,784,440 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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Sandspring Resources (USA) Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sandspring Resources (USA) Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
