Sector Importance for Sustainable Finance:

Overall mining contributes approximately 7- 8% of Global GHG emissions. This is substantial, however, must be balanced against the fact we need many critical minerals & metals, in order to move to a low-carbon economy.

As an example, electric vehicles use 6-7x the amount of critical metals versus a conventional car.

The mining industry is very global, and it is certainly not a one-size-fits-all industry, therefore Sustainable Finance can help Mining companies in their sustainability journey so let us take a deeper look…

Talking Points:

  • Which metals and minerals do we really need for a transition to net zero?
  • Scope 3 is very important for some commodities?
  • What does good look like?
  • For mixed mining operations how do we decarbonize these?
  • How to we compare decarbonization pathways in different locations

Useful Links:

Previous Transactions:

  • Fortescue: Sustainability Bond
  • NewMont: Sustainability Linked Loan

Last modified: December 6, 2021

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