Victoria Gold Corp Sustainability Profile
Victoria Gold Corp, a prominent player in the mining industry, is headquartered in Canada and primarily operates in the Yukon Territory. Founded in 2007, the company has made significant strides in gold exploration and production, with its flagship asset, the Eagle Gold Mine, commencing production in 2019. Victoria Gold focuses on the development and operation of gold mining projects, leveraging advanced technologies and sustainable practices to enhance efficiency. The company is recognised for its commitment to responsible mining and community engagement, setting it apart in a competitive market. With a strong market position, Victoria Gold Corp has achieved notable milestones, including substantial increases in gold production and reserves, solidifying its reputation as a leading gold producer in North America.
DitchCarbon Score
How does Victoria Gold Corp'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 Business Services 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
Victoria Gold Corp's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Victoria Gold Corp's reported carbon emissions
In 2023, Victoria Gold Corp, headquartered in Canada, reported total carbon emissions of approximately 56,300,000 kg CO2e for Scope 1 and about 2,000,000 kg CO2e for Scope 2, resulting in a combined total of around 58,300,000 kg CO2e. This marks a slight increase from 2022, where emissions were approximately 53,600,000 kg CO2e for Scope 1 and about 1,700,000 kg CO2e for Scope 2, leading to a total of around 55,400,000 kg CO2e. Victoria Gold Corp has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. The GHG emissions intensity for 2023 was reported at approximately 12.35 kg CO2e per ounce of gold produced, indicating a focus on monitoring emissions relative to production output. Overall, while Victoria Gold Corp has made strides in tracking its carbon footprint, it currently lacks formal reduction initiatives or targets, positioning it within an industry context that increasingly prioritises sustainability and climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 53,600,000 | 00,000,000 |
| Scope 2 | 1,700,000 | 0,000,000 |
| Scope 3 | - | - |
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Victoria Gold Corp'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.
Victoria Gold Corp 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.
