ICMM Commits to Net Zero by 2050 or Sooner

Rohitesh Dhawan, CEO, ICMM, said: "As the suppliers of the minerals and metals that are critical to decarbonisation and sustainable development, we have a particular responsibility to minimise the impact of our operations on the environment. ICMM members' collective commitment to net zero scope 1 and 2 GHG emissions by 2050 is a pivotal moment in our history. We are speaking with one voice, representing approximately one third of the global mining and metals industry – including more than 650 sites in over 50 countries – so that we drive emissions reduction at a significant scale.  

"ICMM members have and will continue to set meaningful short and/or medium-term targets to build clear pathways to achieving this goal, while also accelerating action on addressing scope 3 emissions and enhancing disclosure. We encourage other mining and metals companies, suppliers and customers to join us in decarbonising commodity value chains so that we collectively accelerate climate action in our wider industry." 

Gonzalo Muñoz, UNFCCC High Level Climate Action Champion, said: "I welcome the leadership and joint ambition of ICMM members to commit to a goal of net-zero scope 1 and 2 GHG emissions by 2050 or sooner, and I strongly encourage companies to set scope 3 GHG emissions reduction targets by the end of 2023. The High-Level Climate Action Champions encourage members to strive to set the most ambitious science-based targets possible in line with the criteria of the Race to Zero campaign." 

Although we have individual decarbonisation targets which in some cases go beyond ICMM's collective commitment, this represents a joint ambition. 

The rate and nature of the ultimate decline in emissions will vary across the different commodities and geographies represented by our diverse membership.