Sandstorm Gold Royalties
Sandstorm Gold Royalties, headquartered in California, is a prominent player in the chemical and fertilizer minerals sector, specialising in salt and other mining and quarrying products not elsewhere classified. Founded in 2008, the company has established itself as a leader in the mining royalty and streaming industry, providing innovative financing solutions to mining companies worldwide.
With a focus on sustainable practices, Sandstorm Gold Royalties offers unique investment opportunities through its diverse portfolio of royalties and streams, primarily in precious metals. The company’s strategic approach has positioned it favourably in the market, allowing it to achieve significant milestones, including a robust growth trajectory and a reputation for reliability among its partners. Sandstorm continues to expand its influence in the mining sector, leveraging its expertise to navigate the complexities of the industry.
+7 vs industry average
Sandstorm Gold Royalties’s score of 26 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sandstorm Gold Royalties's reported carbon emissions
Sandstorm Gold Royalties, headquartered in CA and operating within the chemical and fertilizer minerals, salt and other mining and quarrying products sector, has reported its carbon emissions across various scopes. For the latest reporting year available, 2024, the company reported approximately 23,000 kg CO2e in Scope 2 emissions and approximately 237,700 kg CO2e in Scope 3 emissions, specifically for business travel. In 2023, Scope 2 emissions were approximately 24,300 kg CO2e, with Scope 3 emissions including approximately 135,200 kg CO2e from business travel and approximately 11,000 kg CO2e from employee commute.
The company's climate commitments include a near-term target to mitigate Scope 1 and Scope 2 greenhouse gas emissions. This initiative aims for a 30% reduction from a 2020 baseline by 2030, specifically from currently operating mines and Stratoni. This target is cascaded from its parent organisation, Sandstorm Gold Ltd.
For 2022, Scope 2 emissions were approximately 30,600 kg CO2e, and Scope 3 emissions from business travel amounted to approximately 356,600 kg CO2e. In 2021, the company reported Scope 2 emissions of approximately 28,200 kg CO2e and total Scope 3 emissions of approximately 107,500 kg CO2e. In 2020, total emissions were approximately 129,300 kg CO2e, with Scope 2 emissions at approximately 22,000 kg CO2e and Scope 3 business travel at approximately 107,300 kg CO2e. Emissions data for 2019 shows approximately 25,300 kg CO2e in Scope 2 emissions and approximately 148,600 kg CO2e in Scope 3 business travel.
It's important to note that Scope 1 emissions data is not available for the years reported. Sandstorm Gold Royalties's climate performance data is inherited from its parent company, Sandstorm Gold Ltd.
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Sandstorm Gold Royalties’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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