Sandstorm Gold Royalties
Sandstorm Gold Royalties Inc., headquartered in California, is a prominent player in the precious metals streaming and royalty industry. Founded in 2008, the company has established itself as a leader in providing financing solutions to mining companies, primarily focusing on gold and silver. With a diverse portfolio of over 200 royalties and streams across various operational regions, including North America, South America, and Africa, Sandstorm is well-positioned in the market. The company's unique business model allows it to acquire royalties and streams on mining projects, enabling it to benefit from the upside of production without the associated operational risks. Notable achievements include a strong track record of growth and a commitment to sustainable practices, making Sandstorm Gold Royalties a respected name in the mining sector.
DitchCarbon Score
How does Sandstorm Gold Royalties'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 Salt and Mineral Mining 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
Sandstorm Gold Royalties's score of 25 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sandstorm Gold Royalties's reported carbon emissions
In 2023, Sandstorm Gold Royalties reported total carbon emissions of approximately 135,200 kg CO2e, comprising about 24,300 kg CO2e from Scope 2 emissions and around 110,000 kg CO2e from Scope 3 emissions, which includes business travel and employee commuting. This marks a notable decrease from 2022, where total emissions were approximately 387,200 kg CO2e, with Scope 2 emissions at about 30,600 kg CO2e and Scope 3 emissions at approximately 356,600 kg CO2e. Over the years, Sandstorm has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a greenhouse gas emissions intensity of about 0.76 tCO2e per ounce of gold produced, down from 0.904 tCO2e in previous years. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. Overall, Sandstorm Gold Royalties is actively working towards managing its carbon emissions, particularly in Scope 2 and Scope 3 categories, while continuing to monitor and report its environmental impact.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | 25,300 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 148,600 | 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.
Sandstorm Gold Royalties is not committed to any reduction initiatives 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.
