Public Profile

OceanaGold

OceanaGold Corporation, commonly referred to as OceanaGold, is a prominent mining company headquartered in New Zealand. Established in 1989, the company has developed a strong presence in the gold and copper mining industry, with major operations in New Zealand, the Philippines, and the United States. OceanaGold is renowned for its commitment to sustainable mining practices and responsible resource management, producing high-quality gold and copper products. The company has achieved significant milestones, including the successful development of the Macraes and Waihi operations in New Zealand, which are recognised for their operational excellence. With a focus on innovation and environmental stewardship, OceanaGold has positioned itself as a leader in the mining sector, earning accolades for its contributions to local communities and the economy.

DitchCarbon Score

How does OceanaGold'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.

30

Industry Average

Mean score of companies in the Metal Fabrication 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.

18

Industry Benchmark

OceanaGold's score of 30 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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OceanaGold's reported carbon emissions

In 2022, OceanaGold reported total carbon emissions of approximately 376,000 kg CO2e. This marked an increase from 2021, when emissions were about 233,000 kg CO2e. The company has disclosed emissions data for 2020, which included Scope 1 emissions of about 150,778,000 kg CO2e, Scope 2 emissions of approximately 81,032,000 kg CO2e, and Scope 3 emissions of about 99,111,000 kg CO2e, primarily from purchased goods and services. Despite the fluctuations in emissions, OceanaGold has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within the mining sector, which is under increasing pressure to enhance transparency and accountability regarding carbon emissions and climate impact.

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2020
Scope 1
150,778,000
Scope 2
81,032,000
Scope 3
99,111,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OceanaGold's primary industry is Fabricated metal products, except machinery and equipment (28), which is low 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 OceanaGold is in NZ, which has a very 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.

OceanaGold 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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