- Indirect exposure to ESG risks from mining partners due to Sandstorm's royalty financing model.
- Climate-related risks impacting mining partners' production and reputation.
- Potential for supply chain disruptions due to climate events or regulatory changes.
Sandstorm Gold Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sandstorm Gold Ltd. disclosed greenhouse gas emissions of 85.4K tCO2e/year (2023). By scope: Scope 2: 24.3 tCO2e/year (2023); Scope 3: 85.3K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
85.4K tCO2e/year (2023)
2023
Renewable Energy
90% (Vancouver office)
of total energy
Water Usage
410 m3/year (2023)
2023
Waste
881 kg/year (2023)
2023
Energy Use
112.3K KWh/year (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 24.3 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 85.3K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved carbon neutrality for Scope 2 emissions in 2023.
- 86% of producing partners reported under a sustainability reporting standard in 2023.
- 61% of producing partners reported under a climate-related reporting standard in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a certain percentage of producing assets reporting under sustainability and climate-related standards by 2025.
📅 Medium-term
- Achieve carbon neutrality for Scope 2 emissions through the use of removal credits only by 2030.
- Achieve carbon neutrality for all emissions (including Scope 3) through the use of both categories of carbon credits by 2035.
🔭 Long-term
- Achieve carbon neutrality for all emissions (including Scope 3) through the use of removal credits only by 2045.
🌱 ESG Focus Areas
Climate ChangeHuman ResourcesCorporate GovernanceESG Due Diligence for Investment DecisionsCommunity RelationsBusiness EthicsHuman RightsInformation Systems and Cyber Security