Mining major Anglo American to become carbon neutral by 2040

British multinational, Anglo American plc, has reinforced its commitment towards sustainability in its latest Sustainability Performance report 2020.

The British multinational, Anglo American plc, has reinforced its commitment towards sustainability in its latest Sustainability Performance report 2020. The diversified mining company has a portfolio that spans across minerals and metals. Headquartered in Johannesburg, South Africa and London, UK, Anglo American’s latest included a framework for achieving carbon neutrality across their operations by the year 2040.

Local media reported that the report was initially scheduled to be released in April. The COVID-19 pandemic disrupted activities and led to the postponement of the report.

“We have long understood the inextricable link between our sustainability performance and our financial performance and ability to generate returns. A sustainable business comes from being a purposeful business: competitive, resilient and agile – a business that thrives through economic and social cycles – of course underpinned by non-negotiable values.” said Mark Cutifani, Chief Executive of Anglo American.

Mining major Anglo American to become carbon neutral by 2040
Mining major Anglo American to become carbon neutral by 2040

Their plan outlines a strategy to reduce energy consumption by 8 per cent and a projected 22 per cent reduction in GHG (Greenhouse Gases) emission in the year 2020.

In the coming decade, Anglo American plc will work towards making 8 sites carbon neutral and a 30 per cent improvement in energy efficiency.

The CEO added, “Our underlying principle is to reduce carbon going into the atmosphere and we have clear pathways.”

In order to fill the gaps in their existing sustainability levels, the company has presented newer technology that will enable them to reach their goals across operations. The key innovations that Anglo American will invest in are Bulk Ore Sorter, Coarse Particle Recovery, Hydraulic Dry Stack and a number of Digital processing systems.

The company also stated that operations will soon shift to increasing their use of renewable energy. Their site in Chile will make the switch as soon as 2021, while the Brazil site makes changes in 2022. Simultaneously, trials for a green hydrogen fuel-cell powered haul truck in South Africa also begin around the same time.

“We are evaluating the best ways for us to play our part, including through partnerships with our customers where we can build on a mutual ambition to reduce emissions through shared capabilities.”

Read what Vale, another mining major is doing to become more sustainable.

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