Royal Gold
Royal Gold, Inc., a prominent player in the precious metals industry, is headquartered in the United States, with significant operations across North America and internationally. Founded in 1981, the company has established itself as a leading gold-focused royalty and streaming firm, providing investors with exposure to gold and other precious metals without the operational risks associated with traditional mining. Royal Gold's unique business model involves acquiring and managing royalties and streams on mining properties, allowing it to generate revenue while minimising capital expenditures. The company has achieved notable milestones, including a diverse portfolio of high-quality assets and a strong market position, making it a trusted name among investors seeking stability in the volatile commodities market. With a commitment to sustainable practices, Royal Gold continues to set itself apart in the competitive landscape of the mining sector.
DitchCarbon Score
How does Royal Gold'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 Precious Metal Production 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
Royal Gold's score of 19 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Royal Gold's reported carbon emissions
In 2022, Royal Gold, headquartered in the US, reported total greenhouse gas emissions of approximately 196,000,000 kg CO2e, comprising about 156,767,000 kg CO2e from Scope 1 and about 39,076,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2021, where total emissions were about 218,000,000 kg CO2e, with Scope 1 emissions at approximately 181,167,000 kg CO2e and Scope 2 emissions at about 36,494,000 kg CO2e. Over the past few years, Royal Gold has demonstrated a commitment to reducing its carbon footprint. In 2020, the company reported total emissions of about 211,000,000 kg CO2e, with Scope 1 emissions at approximately 156,357,000 kg CO2e and Scope 2 emissions at about 54,690,000 kg CO2e. The trend indicates a gradual reduction in emissions intensity, with the Scope 1 and 2 GHG emissions intensity decreasing from 850.0 kg CO2e per unit of revenue in 2019 to 740.0 kg CO2e per unit of revenue in 2022. Despite these reductions, Royal Gold has not set specific science-based targets for emissions reduction, nor have they made any formal climate pledges. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. All emissions data is sourced directly from Royal Gold, Inc., with no cascaded data from parent or related organizations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 151,552,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 58,031,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Royal Gold 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.
