New research from the Transition Pathway Initiative (TPI) reveals that just two of the ten largest mining companies are aligned with limiting climate change to 2°C. These 10 companies have a market capitalisation of over $350bn and contribute to annual carbon emissions of over 1.5 billion tonnes either directly or indirectly via their products. Freeport and Grupo Mexico have such a low emissions intensity that they are already aligned with the 2050 benchmarks, including Below 2C. But their strong climate performance is in stark contrast to others in the sector.
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Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/new-climate-assessment-major-mining-companies-reveals-significant-gap-alignment
[2] http://www.indiaenvironmentportal.org.in/files/file/New-Climate-Assessment-of-Mining-Companies.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/transition-pathway-initiative
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emission-targets
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
