- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
The World Gold Council’s Terry Heymann explains where gold stands in the fight against climate change in this new interview.
As resource investors become more environmentally conscious, a key question emerging is where the gold industry stands in the fight against climate change.
Earlier this year, the World Gold Council took steps to shed light on that topic with the release of a report called “Gold and Climate Change: An Introduction.” Published this past June, the document lays out initial data on the gold industry’s contributions to addressing climate change.
The verdict? While it’s early days yet, the report shows that the greenhouse gas emissions associated with gold mining are much lower than they are for other key commodities, including aluminum and coal.
“Gold is rare, and one of the advantages of gold being rare is that there isn’t that much of it that’s actually being mined out of the ground every year,” explained World Gold Council CFO Terry Heymann at the Denver Gold Forum last week.
“When you look at total emissions … the total greenhouse gas emissions from gold are significantly less than most major mined products just because the volumes are quite low. On the other hand, per unit mass emissions are relatively high because of that rarity,” he continued.
As Heymann explained, the upshot is that “in terms of total emissions, and indeed in terms of emissions per unit of value, gold comes out significantly better in terms of lower emissions than pretty much all other major mined categories.”
Watch the interview above for more details from Heymann on the role gold can play in a green portfolio.
Overall, he said, we’re starting to see “more and more investors who not only recognize that they have a responsibility in terms of environmental/social governance, but are also using that to actively guide their investment decisions.”
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.