Sandstorm Gold Royalties Sustainability Profile
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 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sandstorm Gold Royalties's reported carbon emissions
In 2024, Sandstorm Gold Royalties reported total carbon emissions of approximately 23,000 kg CO2e, all of which fall under Scope 2 emissions. Additionally, the company recorded Scope 3 emissions from business travel amounting to about 237,700 kg CO2e. In 2023, the total Scope 2 emissions were about 24,300 kg CO2e, with Scope 3 emissions from business travel and employee commute reaching approximately 135,200 kg CO2e and 11,000 kg CO2e, respectively. Over the past few years, Sandstorm Gold Royalties has shown a commitment to monitoring and reporting its carbon footprint, although no specific reduction targets or climate pledges have been established. The emissions data is cascaded from its parent company, Sandstorm Gold Ltd., indicating a corporate family relationship that influences its sustainability reporting. The company has not disclosed any Scope 1 emissions data, and its climate commitments remain vague, with no specific initiatives or targets outlined in the available reports. As a current subsidiary of Sandstorm Gold Ltd., Sandstorm Gold Royalties continues to align its practices with broader corporate sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | 25,300 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 148,600 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Sandstorm Gold Royalties's Industry?
How Carbon Intensive is Sandstorm Gold Royalties's Location?
Sandstorm Gold Royalties's Scope 3 Categories Breakdown
Sandstorm Gold Royalties's Scope 3 emissions, which increased by 63% last year and increased by approximately 60% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Sandstorm Gold Royalties'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.
Sandstorm Gold Royalties 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.
