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.
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.
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.
Victoria Gold Corp's score of 27 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Victoria Gold Corp reported total carbon emissions of approximately 58,300,000 kg CO2e, comprising about 56,300,000 kg CO2e from Scope 1 emissions and around 2,000,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, when the company recorded total emissions of about 55,400,000 kg CO2e, with Scope 1 emissions at approximately 53,600,000 kg CO2e and Scope 2 emissions at around 1,700,000 kg CO2e. Victoria Gold Corp has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not reported on Scope 3 emissions, which encompass indirect emissions from the value chain. Their GHG emissions intensity for 2023 was approximately 12.35 kg CO2e per ounce of gold produced, indicating a focus on measuring and managing emissions relative to production output. As a mining company headquartered in Canada, Victoria Gold Corp operates within an industry increasingly scrutinised for its environmental impact. While the absence of formal reduction commitments may suggest a need for enhanced climate strategies, the company continues to monitor and report its emissions data, aligning with industry standards for transparency.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 53,600,000 | 00,000,000 |
Scope 2 | 1,700,000 | 0,000,000 |
Scope 3 | - | - |
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.
Victoria Gold Corp is not participating in any of the initiatives that 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.