GlobalData offers a comprehensive analysis of Anglo American, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Anglo American‘s ESG performance. GlobalData’s company profile on Anglo American offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Anglo American, a global mining company, is committed to reduce its GHG emissions as part of its sustainability efforts. The company aims to achieve carbon neutrality across its operations by 2040. It aims to achieve a 30% absolute reduction in greenhouse gas (GHG) emissions by 2030 and a 50% reduction in scope 3 emissions by 2040. It also targets a 30% improvement in energy efficiency by 2030. The company endeavors to achieve carbon neutrality across its operations and in its controlled ocean freight.
Anglo American is actively working towards reducing its carbon emissions. It has already completed the demerger of its South African thermal coal business and is generating renewable electricity across its South American operations. The company has also launched a pipeline of wind and solar projects in South Africa, with a target of generating 3-5 GW of renewable energy. Additionally, it aims to reduce fresh water abstraction in water-scarce areas and secure 100% renewable electricity for its Australian operations by 2025.
The company is committed to responsible mining practices and has set targets for off-site jobs supported for each on-site job. It also plans to undergo third-party audits for responsible mine certification at all its operations. Anglo American's emission reduction plans are integral to its sustainability strategy. The company has a refreshed leadership team and is committed to delivering value through an integrated approach to sustainability. It has made significant investments in renewable energy projects and is leveraging technology and innovation to improve its environmental, social, and governance (ESG) outcomes.
In conclusion, Anglo American is taking proactive steps to reduce its carbon emissions across diferent scope categories and is investing in renewable energy projects. It is committed to responsible mining practices and is focused on ensuring the safety of its employees. Anglo American's sustainability strategy is integral to its overall business strategy and value creation model.