Sandstorm Gold Ltd
Sandstorm Gold's GHG Emissions Data Preview
In 2023, Sandstorm 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Sandstorm Gold has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Sandstorm Gold's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Sandstorm Gold amounted to 24.3 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sandstorm Gold decreased by 20.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Sandstorm Gold's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sandstorm Gold's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Sandstorm Gold were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
What are Sandstorm Gold's Scope 2 emissions?
In 2023, Sandstorm Gold reported Scope 2 greenhouse gas (GHG) emissions of 24.3 tCOâ‚‚e using the location-based method.
Has Sandstorm Gold reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Sandstorm Gold's Scope 2 emissions (Location-Based) fell by 20.59% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Sandstorm Gold use for Scope 2 reporting?
In 2023, Sandstorm Gold reported its Scope 2 emissions using the location-based method.
Sandstorm Gold's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Sandstorm Gold's Value Chain Emissions
In 2023, Sandstorm Gold reported 85,444.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Sandstorm Gold includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Sandstorm Gold's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sandstorm Gold's Scope 3 emissions?
In 2023, Sandstorm Gold reported total Scope 3 emissions of 85,444.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.83% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Sandstorm Gold reduced its Scope 3 emissions over time?
Since 2021, Sandstorm Gold's Scope 3 emissions have increased by 79,383.63%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Sandstorm Gold's Scope 3 emissions increased by 23.65%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Sandstorm Gold disclose?
In 2023, Sandstorm Gold reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Sandstorm Gold's Scope 3 emissions?
In 2023, the largest contributors to Sandstorm Gold's Scope 3 emissions were:
- Investments (Cat. 15): 85,298.7 tCOâ‚‚e (99.83%)
- Business Travel (Cat. 6): 135.2 tCOâ‚‚e (0.16%)
- Employee Commuting (Cat. 7): 11 tCOâ‚‚e (0.01%)
Sandstorm Gold's Scope 3 Emissions by Categories
Insights into Sandstorm Gold's Total Carbon Footprint
In 2023, Sandstorm Gold reported a total carbon footprint of 85,469.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.63% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Sandstorm Gold's total carbon footprint was Scope 3 emissions, accounting for 99.97% of the company's total carbon footprint, followed by Scope 2 emissions at 0.03%.