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Public Profile
Precious Metal Production
CA
updated a month ago

Kirkland Lake Gold Ltd.

Company website

Kirkland Lake Gold Ltd., a prominent player in the mining industry, is headquartered in Canada and operates primarily in the prolific gold mining regions of Ontario and Australia. Founded in 1988, the company has achieved significant milestones, including the successful acquisition of high-grade assets that bolster its market position. Specialising in the exploration, development, and production of gold, Kirkland Lake Gold is renowned for its unique approach to mining, focusing on high-quality, low-cost operations. The company’s flagship assets, such as the Macassa and Fosterville mines, are celebrated for their exceptional ore grades and operational efficiency. With a commitment to sustainable practices and community engagement, Kirkland Lake Gold continues to solidify its reputation as a leader in the global gold market.

DitchCarbon Score

How does Kirkland Lake Gold Ltd.'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.

19

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.

13

Industry Benchmark

Kirkland Lake Gold Ltd.'s score of 19 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Kirkland Lake Gold Ltd.'s reported carbon emissions

In 2020, Kirkland Lake Gold Ltd. reported total carbon emissions of approximately 246,942,000 kg CO2e for Scope 1 and 15,363,000 kg CO2e for Scope 2, resulting in a combined total of about 262,305,000 kg CO2e. This marked a significant increase from 2019, when the company emitted around 8,362,000 kg CO2e in Scope 1 and 3,059,000 kg CO2e in Scope 2, leading to a total of approximately 11,421,000 kg CO2e. In 2018, emissions were even higher, with Scope 1 at about 279,227,000 kg CO2e and Scope 2 at approximately 159,208,000 kg CO2e, culminating in a total of around 438,436,000 kg CO2e. Kirkland Lake Gold Ltd. has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported Scope 3 emissions. The company’s emissions data is cascaded from its corporate family relationship with Agnico Eagle Mines Limited, which may influence its overall climate strategy. As of now, Kirkland Lake Gold Ltd. has not disclosed any specific climate pledges or initiatives aimed at reducing its carbon footprint, indicating a potential area for future development in sustainability practices within the mining industry.

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201820192020
Scope 1
279,227,000
0,000,000
000,000,000
Scope 2
159,208,000
0,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kirkland Lake Gold Ltd.'s primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kirkland Lake Gold Ltd. is in CA, which has a low grid carbon intensity relative to other regions.

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.

Kirkland Lake Gold Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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