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It has been two years since 28 of the world's largest miners made a collective commitment to net zero emissions by 2050, and expectations from stakeholders are only growing. With the mining sector now firmly in the implementation stage of this mission, where will the advances come from?
As an intensive energy user, the industry must grasp this nettle. On November 17, 2023, the planet crossed a climatic threshold.
For the first time since humans industrialised, the average air temperature near the earth's surface was 2 degrees Celsius higher than the baseline. This occurred again on the following day. These findings by the Copernicus Climate Change Service were preliminary, but experts consider the model reliable.
Pressure rising
The temperature is also rising in the relationships between corporates, communities and interest groups. The same month saw the annual results presentation of a major South Africa-based petrochemical multinational abandoned, as environmental demonstrators took the stage.
Read the full article on IOL-Business Report