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We have developed a Sustainable Mining Plan that will foster innovation and deliver step change results across the entire mining value chain.

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Sustainable Mining Plan

We have developed a Sustainable Mining Plan that will foster innovation and deliver step change results across the entire mining value chain.

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We have developed a Sustainable Mining Plan that will foster innovation and deliver step change results across the entire mining value chain.
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Our approach to addressing residual emissions

Our principal approach to addressing operational (Scope 1 and 2) greenhouse gas emissions is through direct action in the form of projects implemented to decarbonise our business. Our approach continues to be guided by the mitigation hierarchy: Avoid – Abate – Compensate.

We do not currently see a pathway to reduce our operational emissions to zero. Whilst recognising that compensation should come after all feasible avoidance, reduction, and restoration measures have been taken, we anticipate that carbon compensation, including offsetting, will have a role to play in addressing any residual emissions, while permanent solutions are sought.

As part of our commitment to the mitigation hierarchy, we continue to explore opportunities for carbon insets – projects situated within or near to our own operations or in our value chain that demonstrably reduce or sequester emissions. We are especially focused on opportunities within host communities and regions in which we operate, leveraging our natural assets and capabilities and, where possible, maximising broader Sustainable Mining Plan related co-benefits.

By taking direct control of these projects, we can safeguard quality, ensure initiatives are aligned with our broader sustainability objectives and allow us to take direct action without abdicating responsibility.

In 2024, we documented our approach in our Group Carbon Compensation Guidelines. These Guidelines make clear under what circumstances our business can use carbon compensation to support the achievement of decarbonisation objectives and also what principles underpin the generation of any carbon credits that we will use for decarbonisation.

As a specific principle within this, we will not rely on offsets procured in the market to compensate for more than 10% of our Group’s emissions baseline. To date, we have not retired any carbon credits to set against our emissions targets.

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