Anglo American Platinum advises shareholders and broader stakeholders of the publication of its first climate change report which is available on the Company’s website.
The report sets out our strategy and the role we are playing as a leading supplier of Platinum Group Metals (PGMs) and base metals, which are fundamental to enabling a cleaner, greener, and more sustainable world, with transparent disclosure on our approach to climate change. It details Anglo American Platinum’s active support for the creation of a viable green hydrogen economy in South Africa and globally, while supporting opportunities for economic growth and a ‘just energy transition’.
Our report outlines the full extent of our response to climate change, including our plans to improve energy efficiency and carbon neutrality across our operations by 2040, and our ambition to reduce Scope 3 emissions by 50%, also by 2040. It also details the structures we have in place to ensure that climate change is embedded across decision-making processes and how it fits into our capital allocation framework.
Natascha Viljoen, CEO of Anglo American Platinum, said:
“In line with our strategic priority to be a leader in ESG, we expect that the role we play in helping to create a green future should create significant value for all our stakeholders. The metals we produce are critical to enabling a cleaner, greener, and more sustainable tomorrow for all and will be important to the mix of energy solutions that will make global decarbonisation possible.
“The quality of the ore bodies entrusted to us, which are significant resources with long mine lives, and low-cost operations, together with our disciplined capital allocation, positions us well to ensure sustainable production and to assure our customers of the responsible standards we meet. Our portfolio remains financially resilient in lower carbon emission pathways, helping us to ensure that future generations will continue to benefit from the metals we produce.”