Company Name | Carbon Neutrality | Strategical Goal | ||
Yr | Targets/Plans | 1st Step Measure | 2nd Step Measure | |
Glencore | Up to 2030 | Reduce absolute carbon emissions by 20% | 1) Use 13% renewable energy | 1) Reduce energy carbon emissions by 20% |
2) Reduce indirect carbon emissions by 20% | 2) Establish a carbon transportation and storage (CCUS) research company to carry out technical research and infrastructure construction | |||
Rio Tinto | Reduce absolute carbon emissions by 39%,improve the metallurgical grade | 1) Use renewable energy and battery systems | 1) Cooperate with BaoSteel and Tsinghua University to realize the low-carbon steel industry chain | |
2) Use rails and trams instead of fuel | 2) Cooperate with ELYSIS to establish low-cost water conservancy power generation projects | |||
3) Exit the coal industry and explore the lithium market and related industries | 3) Research on low-carbon aluminum processing and investment in research and development of new technologies for carbon recovery | |||
Vale | Reduce absolute carbon emissions by 33%, Restore more than 100,000 hectares of vegetation | Achieve 100% independent production of clean energy in Brazil | 1) Establish a low-carbon summit to link upstream and downstream industrial chain enterprises | |
2) Analyze the risks caused by the fluctuation of carbon prices to production | ||||
BHP | Reduce absolute carbon emissions by 30% | 1) Research on the application of electric truck fleets and renewable energy | 1) Provide technical support for steel enterprises to help reduce emission intensity by 30% | |
2) Purchase the renewable based PPA materials | 2) Cooperate with the university to invest US$20 m in research for CCUS | |||
3) Establish the green alliance with large companies such as Hatch and FMG | ||||
Barrick | Reduce absolute carbon emissions by 10% | 1) Reduce energy-related carbon emissions by 20% | 1) Start the basic research of step 2 and set goals | |
2) Research and development of battery power grid stability technology | 2) Invest in carbon reduction-related technologies and set up relevant organizations of the group | |||
3) Start using solar energy to build natural gas power stations | 3) Carry out exchanges and cooperation on low-carbon production with the upstream supply chain |