May 12, 2021, 2:25 a.m. EDT

Antofagasta pledges 2050 carbon neutrality goal

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Jaime Llinares Taboada

Antofagasta PLC on Wednesday said it is setting targets to achieve carbon neutrality by 2050 and to reduce its Scope 1 and 2 greenhouse-gas emissions by 30% by 2025.

The Chilean copper-mining company said the 30% emissions cut from 2020 levels equates to 730,000 metric tons of carbon-dioxide equivalent. It has already achieved a 580,000-ton reduction between 2018 and 2020.

"Copper will be a key enabler of a modern low carbon economy and it's essential we work with all our stakeholders to produce it in a sustainable and responsible way," Chief Executive Ivan Arriagada said.

Antofagasta said it expects that by the end of 2022 its entire mining division's power consumption will be supplied from renewable sources.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.