New Gold Inc

Common Name
New Gold
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
NGD
Exchange
TORONTO STOCK EXCHANGE
Description
New Gold Inc. is a prominent Canadian-based intermediate gold mining company that engages in the exploration, development, and production of mineral properties worldwide. Its primary function is the e...

New Gold's GHG Emissions Data Preview

In 2023, New Gold 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) and Scope 2 (indirect emissions from purchased energy).

However, New Gold has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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 New Gold’s Greenhouse Gas (GHG) Emissions Data

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a. New Gold's ESG Data Spreadsheet 2023
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Insights into New Gold's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of New Gold amounted to 157,723 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 New Gold decreased by 3.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

New Gold's Scope 1 Emissions Over Time

2020202120222023045 k90 k135 k180 ktCO2e+2%-6%-7%
  • Total Scope 1
  • Year-over-Year Change

What are New Gold's Scope 1 emissions?

In 2023, the total Scope 1 emissions of New Gold were 142,937.3 metric tons of CO₂ equivalent (tCO₂e). a

Has New Gold reduced its Scope 1 emissions over time?

Since 2020, New Gold's Scope 1 emissions have decreased by 9.83%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), New Gold's Scope 1 emissions decreased by 6.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are New Gold's Scope 2 emissions?

In 2023, New Gold reported Scope 2 greenhouse gas (GHG) emissions of 14,785.7 tCO₂e using the location-based method. a

Has New Gold reduced its Scope 2 emissions over time?

Since 2020, New Gold's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 14.11%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), New Gold's Scope 2 emissions (Location-Based) rose by 32.05% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does New Gold use for Scope 2 reporting?

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

New Gold's Scope 2 Emissions Over Time

202020212022202304 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
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