Zijin Mining, a mining company, is committed to reducing its GHG emissions as part of its sustainability efforts. The company has set the objective of reaching carbon peak by 2029 and achieving carbon neutrality by the year 2050. The company aims for a 20% decrease in GHG emissions per unit of industrial added value by 2025 and a 38% decrease by 2029, relative to the baseline year of 2020. The company aims to surpass a 30% proportion of renewable energy consumption by the year 2030.

In 2022, the company's total greenhouse gas (GHG) emissions amounted to 7.78 tCO2e with Scope 1 emissions amounting to 3.12 tCO2e and Scope 2emissions to 4.66 tCO2e. The company achieved a GHG emissions intensity of 1.55 tCO2e/RMB10,000 by industrial added value, reflecting a 13.4% decrease compared to the levels in 2021. The company also discloses its total energy consumption, with a percentage of grid electricity and renewable energy. The company achieved an energy consumption intensity by industrial added value of 3.25 MWh/RMB10,000 in a year, indicating a year-on-year decrease of 13.33%.

Zijin Mining has taken steps to reduce its emissions in line with its goal of achieving carbon neutrality. During the reporting period, the company allocated RMB 593 million to climate change management. About 55% of the mines devised tailored emissions reduction plans, incorporating targets, performance benchmarks, energy-saving technology transitions, and new energy investment plans. Additionally, the company's is aiming to optimizing the portfolio by gradually phasing out assets with high energy consumption and GHG emissions. Delegation and implementation of emissions reduction tasks will be based on the "Climate Change Action Plan," incorporating climate transition strategies and assessments of emissions reduction for subsidiaries. Furthermore, the company will sustain collaborations with additional institutions to bolster research in low-carbon transition, mining energy conservation, and emissions reduction.

In summary, Zijin Mining is actively pursuing emissions reduction with a clear roadmap for achieving carbon neutrality by 2050. The company is strategically focused on monitoring GHG emissions, optimizing its portfolio, implementing emissions reduction measures, and fostering collaborative research to advance low-carbon transition and energy conservation. Zijin Mining's commitment to sustainability underscores its dedication to addressing environmental challenges and contributing to a more sustainable future.

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