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OrganisationsSandstorm Gold Royalties
Sandstorm Gold Royalties logo

Sandstorm Gold Royalties

Salt and Mineral MiningCanadaNYSE: SAND
Last verified 19 days agosandstormgold.com

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.

26
DitchCarbon score

+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

High

Salt and Mineral Mining has above-average carbon intensity

Industry performance

0.437
20182025

The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2027

000.0K000K000.0K000.0K0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sandstorm Gold Royalties logoSandstorm Gold Royalties
CASalt and Mineral Mining
19 days ago
26
Newmont logoNewmont
USSalt and Mineral Mining
7 days ago
83
View
Kinross Gold logoKinross Gold
CAPrecious Metal Mining
7 days ago
48
View
Eldorado Gold logoEldorado Gold
CAPrecious Metal Mining
7 days ago
43
View
Agnico Eagle logoAgnico Eagle
CAPrecious Metal Mining
7 days ago
41
View
Osisko Gold Royalties Ltd logoOsisko Gold Royalties Ltd
CASalt and Mineral Mining
7 days ago
35
View
Wheaton Precious Metals logoWheaton Precious Metals
CAPrecious Metal Production
2 days ago
33
View

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