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 55% 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 reported total emissions of approximately 58.3 million kg CO2e, comprising about 56.3 million kg CO2e from Scope 1 and about 2 million kg CO2e from Scope 2 emissions. The company has shown a slight increase in emissions from 2022, where total emissions were approximately 55.4 million kg CO2e, with Scope 1 emissions at about 53.6 million kg CO2e and Scope 2 emissions at about 1.7 million kg CO2e. Victoria Gold Corp has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets indicates a potential area for future development in their sustainability strategy. The company’s emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of their operations. Overall, while Victoria Gold Corp has made strides in tracking and reporting their emissions, the lack of defined reduction targets suggests an opportunity for enhanced climate action moving forward.
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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.
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