Tag: ICMM

ICMM publishes new guidance to help mining and metals companies protect and restore biodiversity towards a nature positive future

Stuart Mitchell

ICMM has published new guidance that aims to help mining and metals companies achieve and maintain no net loss of biodiversity at their operations, and ultimately strive for net gain of biodiversity, as they work towards a nature-positive future.   According to the 2024 Living Planet Report, wildlife populations have seen a 73% average decline from 1970 through 2020, largely driven by climate change, deforestation, habitat loss, hunting, overfishing and other environmental impacts of food production. While the industry is dependent on the essential services provided by healthy ecosystems—such as…

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Mining leaders make landmark commitments to support a nature positive future

Stuart Mitchell

Leading global mining and metals companies have today committed to take urgent action to support a nature positive future by 2030[1] that promotes the health, diversity and resilience of species, ecosystems and natural processes. With responsibly produced minerals and metals playing a critical role in advancing global sustainable development goals, ICMM members, representing a third of the global industry, have pledged that meeting this demand for critical materials must not be at the expense of nature. Shaped by experts and leaders from a range of disciplines from across ICMM company…

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ICMM publishes new guidance on setting reduction targets on Scope 3 emissions

Stuart Mitchell

ICMM has published guidance to support mining and metals companies to set impactful short-, medium- and long-term targets for reducing their Scope 3 emissions. The Scope 3 Emissions Target Setting Guidance underscores the importance of transparency and engagement with suppliers, customers, investors and regulators in setting targets, to help accelerate emissions reduction throughout the value chain. Scope 3 emissions are a critical area of focus for the mining and metals industry, representing up to 95% of a company’s total emissions, compared to 75% across other sectors[1]. This Guidance defines target-setting…

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ICMM makes landmark climate commitment to net zero by 2050 or sooner

Stuart Mitchell

Members of the International Council on Mining and Metals (ICMM) have 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. This landmark commitment was made in an open letter signed by the CEOs of ICMM’s company members.   Rohitesh Dhawan, CEO, ICMM, said:  “As the suppliers of the minerals and metals that are critical to decarbonisation and sustainable development, we have a particular responsibility to minimise the impact of our operations on the environment. ICMM members’ collective commitment…

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