Karora Resources Sustainability Profile
Karora Resources Inc., a prominent player in the mining industry, is headquartered in Canada and primarily operates in Australia. Founded in 2014, the company has rapidly established itself as a leader in gold production, focusing on sustainable mining practices and operational excellence. Karora's core offerings include gold mining and exploration, with a commitment to maximising resource potential while minimising environmental impact. The company’s flagship operations, the Higginsville Gold Operations and the Beta Hunt Mine, are known for their high-grade gold deposits, setting them apart in a competitive market. With a strong emphasis on innovation and community engagement, Karora Resources has achieved significant milestones, including consistent production growth and strategic acquisitions, solidifying its position as a respected entity in the global mining sector.
DitchCarbon Score
How does Karora Resources'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 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.
Industry Benchmark
Karora Resources's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Karora Resources's reported carbon emissions
In 2022, Karora Resources reported total emissions of approximately 90.3 million kg CO2e, comprising about 68.7 million kg CO2e from Scope 1 and about 21.6 million kg CO2e from Scope 2 emissions. This reflects a slight increase from 2021, when total emissions were approximately 86.9 million kg CO2e, with Scope 1 emissions at about 68.2 million kg CO2e and Scope 2 emissions at about 18.8 million kg CO2e. In 2020, the company recorded approximately 72.5 million kg CO2e in total emissions, with Scope 1 at about 54.1 million kg CO2e and Scope 2 at about 18.4 million kg CO2e. Karora Resources has not disclosed any Scope 3 emissions data, and there are currently no specific reduction targets or climate pledges outlined in their reports. The emissions data is cascaded from their parent organization, Karora Resources Inc., indicating a corporate family relationship that influences their reporting practices. Overall, while Karora Resources has made strides in tracking and reporting emissions, further commitments and reduction initiatives would enhance their climate strategy and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 54,141,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,350,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Karora Resources'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.
Karora Resources 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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