Gold Road Resources Ltd

Common Name
Gold Road Resources
Country
Australia
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
GOR
Exchange
ASX
Description
Gold Road Resources Ltd. is a mining company that specializes in the exploration and development of gold resources across Australia. The primary function of the company is to discover and exploit high...

Gold Road Resources's GHG Emissions Data Preview

In 2023, Gold Road Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Gold Road Resources has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Gold Road Resources’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gold Road Resources’s data sources below and access millions more through our Disclosure Search.

a. Gold Road Resources's ESG Data Spreadsheet 2023
a. Gold Road Resources's ESG Data Spreadsheet 2023

Insights into Gold Road Resources's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gold Road Resources amounted to 104,466 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gold Road Resources increased by 4.95%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Gold Road Resources's Scope 1 Emissions Over Time

20192020202120222023030 k60 k90 k120 ktCO2e+138%+12%+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Gold Road Resources's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gold Road Resources were 104,383 metric tons of CO₂ equivalent (tCO₂e). a

Has Gold Road Resources reduced its Scope 1 emissions over time?

Since 2019, Gold Road Resources's Scope 1 emissions have increased by 184.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Gold Road Resources's Scope 1 emissions increased by 4.97%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Gold Road Resources's Scope 2 emissions?

In 2023, Gold Road Resources reported Scope 2 greenhouse gas (GHG) emissions of 83 tCO₂e using the location-based method. a

Has Gold Road Resources reduced its Scope 2 emissions over time?

Since 2019, Gold Road Resources's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 40.68%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Gold Road Resources's Scope 2 emissions (Location-Based) fell by 13.54% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Gold Road Resources use for Scope 2 reporting?

In 2023, Gold Road Resources reported its Scope 2 emissions using the location-based method. a

Gold Road Resources's Scope 2 Emissions Over Time

201920202021202220230255075100tCO2e
  • Total Scope 2 Location-Based

Insights into Gold Road Resources's Value Chain Emissions

In 2023, Gold Road Resources reported 2,354 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Gold Road Resources includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Gold Road Resources's Scope 3 Emissions Over Time

2019202020212022202306001.2 k1.8 k2.4 ktCO2eNaN%+Infinity%+88%+14%
  • Total Scope 3
  • Year-over-Year Change

What are Gold Road Resources's Scope 3 emissions?

In 2023, Gold Road Resources reported total Scope 3 emissions of 2,354 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 79.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.69% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Gold Road Resources's Scope 3 emissions increased by 13.88%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Gold Road Resources disclose?

In 2023, Gold Road Resources reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Gold Road Resources's Scope 3 emissions?

In 2023, the largest contributors to Gold Road Resources's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 1,372 tCO₂e (58.28%)
  • Processing of Sold Products (Cat. 10): 487 tCO₂e (20.69%)
  • Business Travel (Cat. 6): 381 tCO₂e (16.19%)

Gold Road Resources's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(58.3%)Processing of SoldProducts (Cat. 10)(20.7%)Business Travel(Cat. 6)(16.2%)

Insights into Gold Road Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Gold Road Resources reported Scope 1 greenhouse gas (GHG) emissions of 104,383 tCO₂e and total revenues of USD 322 millions. This translates into an emissions intensity of 324.42 tCO₂e per millions USD. a

Gold Road Resources's Scope 1 Emissions Intensity Compared to Peers

1,00020,000200,0002,000,00020,000,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)CEmerald ResourcesYear: 2023Scope 1: 39,438 tCO2eRevenue: $M 198Scope 1 Intensity: 198.82 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MPerseus MiningYear: 2024Scope 1: 215,219 tCO2eRevenue: $M 1,046Scope 1 Intensity: 205.80 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2023Scope 1: 278,145 tCO2eRevenue: $M 1,088Scope 1 Intensity: 255.60 tCO2e/$MAneka TambangYear: 2023Scope 1: 1,462,199 tCO2eRevenue: $M 2,661Scope 1 Intensity: 549.47 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MNorthern Star ResourcesYear: 2024Scope 1: 788,136 tCO2eRevenue: $M 3,282Scope 1 Intensity: 240.11 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MDRDGOLDYear: 2023Scope 1: 8,570 tCO2eRevenue: $M 292Scope 1 Intensity: 29.40 tCO2e/$MNewmontYear: 2024Scope 1: 2,728,000 tCO2eRevenue: $M 18,682Scope 1 Intensity: 146.02 tCO2e/$MCCChifeng Jilong Gold MiningYear: 2023Scope 1: 550,970 tCO2eRevenue: $M 1,016Scope 1 Intensity: 542.28 tCO2e/$MHarmony Gold MiningYear: 2024Scope 1: 179,182 tCO2eRevenue: $M 3,374Scope 1 Intensity: 53.11 tCO2e/$MOceanaGoldYear: 2023Scope 1: 183,946 tCO2eRevenue: $M 1,026Scope 1 Intensity: 179.23 tCO2e/$MCapricorn MetalsYear: 2023Scope 1: 79,684 tCO2eRevenue: $M 214Scope 1 Intensity: 372.80 tCO2e/$MCoeur MiningYear: 2024Scope 1: 212,870 tCO2eRevenue: $M 1,054Scope 1 Intensity: 201.96 tCO2e/$MSandfire ResourcesYear: 2024Scope 1: 108,303 tCO2eRevenue: $M 1,394Scope 1 Intensity: 77.67 tCO2e/$MLundin GoldYear: 2024Scope 1: 35,401 tCO2eRevenue: $M 1,649Scope 1 Intensity: 21.47 tCO2e/$MZhaojin Mining IndustryYear: 2024Scope 1: 26,019 tCO2eRevenue: $M 1,724Scope 1 Intensity: 15.09 tCO2e/$MGold Road ResourcesYear: 2023Scope 1: 104,383 tCO2eRevenue: $M 322Scope 1 Intensity: 324.42 tCO2e/$M

How does Gold Road Resources's GHG emissions intensity compare to its peers?

In 2023, Gold Road Resources reported a Scope 1 emissions intensity of 324.42 tCO₂e per millions USD. Compared to the peer group median of 198.82 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Gold Road Resources rank on GHG emissions intensity within its industry?

In 2023, Gold Road Resources ranked 16 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Gold Road Resources among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Gold Road Resources's Total Carbon Footprint

In 2023, Gold Road Resources reported a total carbon footprint of 106,820 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.13% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Gold Road Resources's total carbon footprint was Scope 1 emissions, accounting for 97.72% of the company's total carbon footprint, followed by Scope 3 emissions at 2.2%. a

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