Our Strategy & Approach

Our approach to climate change is to analyze potential transitional impacts to our long-term business plans and to embed carbon dioxide equivalent (CO₂Eq) emission reduction initiatives into our governance and operational decision-making process in order to establish informed and realistic targets that are aligned with climate science and commitments by the countries where we operate.

Since 2020, we adopted the Task Force on Climate Related Financial Disclosure’s (TCFD) framework reporting recommendations with an aim to progressively improve the quality and transparency of our climate-related disclosures.

We are committed to taking actions that will help us achieve our aspirational objective of net zero carbon dioxide equivalent emissions by 2050. We are also committed to reduce our global scope 1 and scope 2 Greenhouse Gas (GHG) emission by at least 30% by 2030 (from a 2019 baseline emissions).

Programs & Initiatives

• Proactively support the development of renewable power generation, whether through energy supply contracts or otherwise
• Incorporate assessment of climate-related impacts in our capital allocation strategy
• Monitor and evaluate improvements and availability of low emissions or electric equipment, particularly mobile mining equipment

2023 Goals

• Implement projects and initiatives to reduce energy use by 116,000 GJ which represents approximately 2% of the 2023 base case.⁽¹⁾
• Implement projects and initiatives to reduce GHG emissions by 73,000 t CO2Eq which represents approximately 19% of the 2023 base case⁽¹⁾

We are committed to taking actions that will help us achieve our aspirational objective of net zero carbon dioxide equivalent emissions by 2050. We are also committed to reduce our global scope 1 and scope 2 Greenhouse Gas (GHG) emission by at least 30% by 2030 (from a 2019 baseline emissions).

Prioritized SDGs

⁽¹⁾ The 2023 base case is our projected 2023 water use, energy use, GHG emissions, and waste generation, as calculated using our life of mine plans adjusted for annual production guidance.