Triple Flag Precious Metals Corp., headquartered in California, is a prominent player in the precious metals streaming and royalty industry. Founded in 2016, the company has rapidly established itself as a leader in providing innovative financing solutions to mining companies, primarily in North America and other key operational regions. Specialising in gold and silver streams, Triple Flag offers unique financial structures that enable miners to optimise their capital while minimising risk. The company's commitment to responsible mining practices and sustainable development sets it apart in a competitive market. With a robust portfolio and strategic partnerships, Triple Flag has achieved significant milestones, positioning itself as a trusted partner in the precious metals sector.
How does Triple Flag Precious Metals'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.
Mean score of companies in the Precious Metal 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.
Triple Flag Precious Metals's score of 19 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Triple Flag Precious Metals reported total carbon emissions of approximately 25,172,000 kg CO2e. This figure includes 37,000 kg CO2e from Scope 2 emissions and a significant 25,135,000 kg CO2e from Scope 3 emissions, which encompasses investments, business travel, and employee commuting. Over the years, the company has seen fluctuations in its emissions, with a notable increase from 15,049,000 kg CO2e in 2022 and 14,223,000 kg CO2e in 2021. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. Triple Flag Precious Metals is committed to measuring and reducing its Scope 3 emissions as part of its broader climate strategy. The company operates within the mining sector, specifically focusing on rare minerals, precious metals, and gems, and is headquartered in Canada.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | - | - | - |
Scope 2 | 90,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 5,697,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Triple Flag Precious Metals is committed to some 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.