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OceanaGold Corp

Common Name
OceanaGold
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
OGC
Exchange
TORONTO STOCK EXCHANGE
Description
OceanaGold Corporation is a multinational gold and copper mining company headquartered in Vancouver, Canada. Established in 1990, it focuses on the exploration, development, and operation of mineral p...

OceanaGold's GHG Emissions Data Preview

In 2024, OceanaGold 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, OceanaGold has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind OceanaGold’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 OceanaGold’s data sources below and access millions more through our Disclosure Search.

a. OceanaGold's ESG Data Spreadsheet 2024
a. OceanaGold's ESG Data Spreadsheet 2024

Insights into OceanaGold's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofOceanaGold amounted to326,210metric 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 2023, the total operational greenhouse gas (GHG) emissions of OceanaGolddecreased by 2.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

OceanaGold's Scope 1 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e+14%+18%+10%-3%-3%
  • Total Scope 1
  • Year-over-Year Change

What are OceanaGold's Scope 1 emissions?

In 2024, the total Scope 1 emissions of OceanaGold were 184,278 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has OceanaGold reduced its Scope 1 emissions over time?

Since 2019, OceanaGold's Scope 1 emissions have increased by 39.25%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), OceanaGold's Scope 1 emissions decreased by 2.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are OceanaGold's Scope 2 emissions?

In 2024, OceanaGold reported Scope 2 greenhouse gas (GHG) emissions of 115,422 tCOâ‚‚e using the market-based method and 141,932 tCOâ‚‚e using the location-based method.a

Has OceanaGold reduced its Scope 2 emissions over time?

Since 2019, OceanaGold's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that OceanaGold's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), OceanaGold's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that OceanaGold's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does OceanaGold use for Scope 2 reporting?

In 2024, OceanaGold reported its Scope 2 emissions using the market-based method and using the location-based method.a

OceanaGold's Scope 2 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into OceanaGold’s GHG Emissions Intensity Compared to Industry Peers

In 2024, OceanaGold reported Scope 1 greenhouse gas (GHG) emissions of 184,278 tCOâ‚‚e and total revenues of USD 1,796 millions. This translates into an emissions intensity of 102.62 tCOâ‚‚e per millions USD.a

OceanaGold's Scope 1 Emissions Intensity Compared to Peers

5,00050,000200,0002,000,00020,000,000Scope 1 Emissions (tCO2e)201001,0005,00050,000Revenues (Millions of USD)FIGPan American SilverYear: 2024Scope 1: 294,022 tCO2eRevenue: $M 3,887Scope 1 Intensity: 75.64 tCO2e/$MAlamos GoldYear: 2024Scope 1: 158,159 tCO2eRevenue: $M 1,347Scope 1 Intensity: 117.42 tCO2e/$MB2GoldYear: 2024Scope 1: 662,000 tCO2eRevenue: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MAgnico Eagle MinesYear: 2024Scope 1: 1,119,142 tCO2eRevenue: $M 11,425Scope 1 Intensity: 97.95 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MFirst Majestic SilverYear: 2024Scope 1: 38,980 tCO2eRevenue: $M 782Scope 1 Intensity: 49.84 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2024Scope 1: 301,539 tCO2eRevenue: $M 1,514Scope 1 Intensity: 199.15 tCO2e/$MFFFortuna MiningYear: 2024Scope 1: 119,698 tCO2eRevenue: $M 1,491Scope 1 Intensity: 80.31 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MKinross Gold Corp (Ontario)Year: 2024Scope 1: 1,078,439 tCO2eRevenue: $M 5,149Scope 1 Intensity: 209.45 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MCapstone CopperYear: 2024Scope 1: 423,376 tCO2eRevenue: $M 1,599Scope 1 Intensity: 264.74 tCO2e/$MIIInterforYear: 2024Scope 1: 123,272 tCO2eRevenue: $M 2,102Scope 1 Intensity: 58.65 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 41Scope 1 Intensity: 7,224.48 tCO2e/$MGGG Mining VenturesYear: 2024Scope 1: 29,950 tCO2eRevenue: $M 204Scope 1 Intensity: 146.92 tCO2e/$MLundin MiningYear: 2024Scope 1: 715,289 tCO2eRevenue: $M 4,720Scope 1 Intensity: 151.56 tCO2e/$MDPM MetalsYear: 2023Scope 1: 38,847 tCO2eRevenue: $M 520Scope 1 Intensity: 74.69 tCO2e/$MStella-JonesYear: 2024Scope 1: 136,395 tCO2eRevenue: $M 2,412Scope 1 Intensity: 56.56 tCO2e/$MLundin GoldYear: 2024Scope 1: 35,401 tCO2eRevenue: $M 1,649Scope 1 Intensity: 21.47 tCO2e/$MOceanaGoldYear: 2024Scope 1: 184,278 tCO2eRevenue: $M 1,796Scope 1 Intensity: 102.62 tCO2e/$M

How does OceanaGold's GHG emissions intensity compare to its peers?

In 2024, OceanaGold reported a Scope 1 emissions intensity of 102.62 tCOâ‚‚e per millions USD. Compared to the peer group median of 117.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does OceanaGold rank on GHG emissions intensity within its industry?

In 2024, OceanaGold ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

OceanaGold is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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