The ICMM (International Council on Mining and Metals) has collectively committed to a goal of net-zero Scope 1 and 2 greenhouse gas (GHG) emissions by 2050 or sooner in line with the ambitions of the Paris Agreement.
The joint ambition from companies that make up one-third of the global mining and metals industry, and includes such companies as Alcoa, AngloAmerican, BHP, Glencore, and Rio Tinto amongst its 28 member companies.
On a letter stating the objective, the firms also urge their suppliers and customers to join the decarbonising of the value chain and says it will work closely with its 35 mining and commodity association members to accelerate climate action in the wider industry.
It acknowledges that the rate and nature of the ultimate decline in GHG emissions will vary across the different commodities and geographies represented by a diverse membership but promises that the approach to individually setting and meeting targets will be consistent and that targets will cover all material sources of emissions.
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