Capstone Copper Corp. has announced a new Sustainable Development Strategy, which includes adopting GHG emissions reduction targets to support the company’s commitment to responsible copper production.
The strategy identifies five initial priorities, including reducing GHG emissions by 30% by 2030; reducing freshwater consumption; adopting the Global Industry Standard for Tailings Management by 2026; establishing a Biodiversity Standard and Assessing All Sites by 2025; and establishing a Social Performance Standard and Assessing All Sites by 2025.
Targets for each priority area are supported by rigorous reporting and evaluation processes under the direction of senior management.
Capstone Copper operates in countries that are signatories to the Paris Agreement and is committed to reducing national GHG emissions. The company is developing and executing decarbonization strategies through several initiatives, including adding more renewable power to their energy mix, studying independent renewable energy generation alternatives, and displacing diesel consumption.
Capstone Copper’s CEO, John MacKenzie, said the company recognizes its role as producers of copper in the world’s efforts to address the causes of climate change and is committed to achieving its strategy and goals to contribute to a net-zero future.
Source: Businesswire
Image Source: Capstone Copper