Transcription of Climate Change Report 2021
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Climate Change Report 2021
Climate Change Report 202101 Anglo American plc Climate Change ReportScope 3 emissions Mt CO2e2018: Mt CO2e** 2020 Scope 3 data based on updated methodologyScope 2 emissions Mt CO2e2019: Mt CO2eScopes 1 and 2 goalCarbon neutralby 2040 Scope 3 ambition50%reduction by 2040**on a 2020 baselinePortfolio evolution85%of portfolio focused on future enabling productsDelivered against 2020 target29%reduction of emissions by 2019 against projected business as usual (BAU) emissions(1)Re-imagining mining to improve people s livesTackling Climate Change is the defining challenge of our time Understanding the implications for Anglo American is a significant strategic matter for us. But being resilient as a company is not enough. We understand that mining has a critical enabling role to play in providing the metals and minerals needed for a low carbon world.
Climate change is the defining challenge of our time. The August 2021 report from the Inter-governmental Panel on Climate Change (IPCC) has provided the clearest evidence so far of the importance and urgency of transitioning to a net zero future. COP26 in Glasgow in November 2021 represents the next vital step in building co-
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