Sandstorm Gold Ltd is a Canadian-based company that operates in the gold sector. The company was founded in 2008 and is headquartered in Vancouver, British Columbia. Sandstorm Gold is a royalty and streaming company that provides financing to mining companies in exchange for a percentage of the production from their mines. The company's portfolio includes over 200 royalties and streams, with a focus on assets in North and South America.
In recent years, Sandstorm Gold has made a commitment to decarbonisation and reducing its environmental impact. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, in line with the Paris Agreement. Sandstorm Gold is also committed to using renewable energy sources where possible, and has invested in several renewable energy projects to power its operations.
One of Sandstorm Gold's key initiatives in reducing its carbon footprint is through corporate energy management. The company has implemented energy efficiency measures at its offices and mining sites, such as upgrading lighting and HVAC systems, and reducing water consumption. Sandstorm Gold has also implemented a corporate power purchase agreement (PPA) for renewable energy. The company has signed a long-term agreement to purchase electricity from a wind farm in Saskatchewan, Canada, which will provide renewable energy to power its operations.
Sandstorm Gold's commitment to renewable energy is also reflected in its investments. The company has invested in several renewable energy projects, including a solar power plant in Chile and a wind farm in Canada. Sandstorm Gold's investments in renewable energy not only help to reduce its carbon footprint but also provide a stable source of energy for its operations.
Sandstorm Gold's focus on decarbonisation and renewable energy is not only good for the environment but also makes good business sense. The company's investments in renewable energy projects provide a stable source of energy and reduce its exposure to volatile energy prices. Sandstorm Gold's commitment to sustainability also helps to attract socially responsible investors who are looking for companies that are committed to reducing their environmental impact.
In conclusion, Sandstorm Gold Ltd is a Canadian-based company that operates in the gold sector. The company has made a commitment to decarbonisation and reducing its environmental impact, with a focus on using renewable energy sources where possible. Sandstorm Gold has implemented energy efficiency measures and a corporate PPA for renewable energy, and has invested in several renewable energy projects. The company's commitment to sustainability not only helps to reduce its environmental impact but also makes good business sense by providing a stable source of energy and attracting socially responsible investors.