The World Gold Council (WGC), headquartered in Great Britain, is a leading authority in the gold industry, dedicated to promoting the role of gold in a sustainable financial system. Founded in 1987, the WGC has played a pivotal role in advancing gold's value and utility across various sectors, including investment, jewellery, and technology. With a strong presence in key markets such as Asia, North America, and Europe, the WGC focuses on research, market development, and advocacy, providing insights that drive informed decision-making. Its core services include market analysis, policy advocacy, and educational initiatives, all aimed at enhancing the understanding and appreciation of gold. Recognised for its commitment to responsible gold sourcing and sustainability, the WGC has established itself as a trusted leader in the industry, influencing global gold standards and practices.
How does World Gold Council'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 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.
World Gold Council's score of 21 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, the World Gold Council (WGC) reported total carbon emissions of approximately 39,053,900,000 kg CO2e, with Scope 1 emissions at about 14,153,352,000 kg CO2e and Scope 2 emissions at around 17,085,478,000 kg CO2e. The WGC has set ambitious long-term reduction targets, aiming for an 80% reduction in emissions by 2050 to align with the ‘well-below’ 2°C scenario. For a more stringent alignment with a 1.5ºC scenario, a reduction of 92% is targeted by 2040. These commitments reflect the WGC's recognition of the need for significant emissions reductions within the gold sector to combat climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2020 | |
---|---|---|---|
Scope 1 | 13,197,000 | 00,000,000 | 00,000,000,000 |
Scope 2 | 15,931,000 | 00,000,000 | 00,000,000,000 |
Scope 3 | - | 0,000,000 | - |
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.
World Gold Council 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.